RE:RE:RE:RE:RE:RE:RE:RE:On the road to a Billion Pound Resource (Half Way There!) I agree with almost everything you've said in defense of NXE, Teevee. The only thing I'm not certain about is inverse distance squared being used once RPA updates. I believe RPA used cubed on their subsequent updates for Fission. I'm on vacation and am not going to look it up though.
Regardless though, that wouldn't change much to your points. Consistent Infill drilling results will increase a resource size.
It's also clear from a glance at the NXE website corp presentation, that many of these holes have extended the boundaries. (Just in case anyone wants visual proof)
I'd suggest anyone wondering about the BreX shot should google Warren Irwin-BreX then read the article (think that particular one is late 2015) and make up their own minds if saying "BreX Irwin" was fair in the context used, which Greenday did to try to undermine Warren Irwin. I'd say it's not fair.
teevee wrote: Greenday,
You are a troll as you know full well that RPA calculated grade away from drill holes using I/D3 (distance cubed). There have been zero misses on infill drilling. This raises confidence so the inferred resource for the high grade sub zone will move to indicated, and grade away from drill holes on 25 m spacing will likely be changed to I/D2. The high grade sub zone is expanding in size, and many of the infill holes are higher grade with longer intersections. A double to 400mm pounds is reasonable. Also, have to add in the 180 zone, the new high grade A1 zone, new A5 zone and expansion of all zones overall.....how do you like being saddled with Dev, his straw board, and the costs that will come with mitigating water inflow problems at all PLS zones? But then again, those water problems won't surface until FCU proceeds with a pre feasibility study, which won't happen for years if ever, as Dev and Ross tout the way forward for FCU is continued exploration. Why you hold FCU is beyond any rational explanation, other than cognitive dissonance.
Greenday wrote: @ Malcolm2001 - Are you certain that Arrow's current resource estimate of 202M/lbs will be raised to 400M/lbs (BreX Irwin's estimate) because the 2016 drill holes are not yet included? It's my understanding that some of the 2016 holes are infill holes and which to me means that those holes wouldn't necessarily raise the total number of pounds in the current estimate proportional to the pounds "discovered" in the 2016 unaccounted for holes. In other words, to avoid double counting pounds, a proportion of an infill hole's (pound) information will already be included in the existing resource pound estimate and the information from the infill hole will go towards upgrading the existing pounds from inferred to indicated rather than too new pounds. That of course makes it more difficult to add new pounds to a resource estimate by infill drilling - but also why inferred pounds are less valuable than indicated pounds.