RE:RE:RE:Was that a 100 million lb hole?No matter parameters we use it is one crazy hole. That said i cannot image the resource estimate coming in below 200 million lbs. Plus it remains wide open. Could Arrow ultimately contain 400 million lbs. Dont be suprised!
letsgetready wrote: RJ gave it 95 million pounds based on a 25 m sphere of influence for inferred resources. >>>from RJ: If one assumes a 25 m radius of influence what resource engineers at SRK are said to be allowing for the Inferred category at Arrow a hole like 62 running 70 m of 10% U3O8 on paper adds a mind-numbingly high ~95 Mlbs of contained uranium. Read more at https://www.stockhouse.com/companies/bullboard/bullboard/v.nxe/nexgen-energy-ltd#SIHBWes4UVM37FPL.99
PamplonaTrader wrote:
BobbiOre wrote: Probably more like 125 million lbs. That was one hole.
(124 m high, 50 m wide, 50 m thick, 3 specific gravity, 6.35%, do the math).
There are no doubts left as to who has the biggest, best new discovery in the last 25 years in the basin.
Drilled at a dip angle of -76 degrees, the true width is 30m and vertical extent 120.3m.
So 30m strike * 30m width * 120.3m depth * 6.35% * 2.75 tonnes/m^3 * 2204.62 lbs/tonne = 43mm lbs in hole 62 alone.
Total for A2 ultra high-grade subcore actually drops to 160mm lbs per my estimate. Again this is just for the ultra high grade subcore within the A2 high grade core. FWIW, I estimate total inventory at a minimum 260mm lbs.
I calculated ore density as follows: 2.4 t/m3 for gneiss and 8.0t/m3 for pitchblende; 93.65% gneiss and 6.35% pitchblende; (93.65%*2.4) + (6.35%*8.0) = 2.7556