OTCPK:MEAOD - Post by User
Post by
JRaffleson Mar 28, 2016 12:24pm
294 Views
Post# 24704813
3m ounce calculation to be challenged at Moroy
3m ounce calculation to be challenged at Moroy it has been suggested that the orebody at moroy could be 500m x 700m and deep.
The calculartions below show assumptions that have been made to give ~ 3m ounces of gold at Moroy.
Any critical reviews are welcome, where reasons are given.
Calculation | Units / calculation | Comments - Moroy Gold Content |
125m cu meters | 500m x 500m x 500m | Potential volume of Moroy ore body |
3.75m cu meter gold veins | 3% | Suggested % of Moroy orebody which contains gold veins |
9.375m tons ore | 3.75m cu m x 2.5 | Rock weight based on 2.5 tons cu m |
93,750 kg gold | 10gt (0.010kg ton) | Potential average gold grade & gold content |
2.915m ounces gold | 31.103 troy onces = 1kg | Convert kg to ounces |