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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.


NDAQ:ICG - Post by User

Comment by goldhunter11on Mar 23, 2017 10:14am
139 Views
Post# 26019672

RE:E-W LONG SECTION - VERTICAL (Looking North) ZONE C2

RE:E-W LONG SECTION - VERTICAL (Looking North) ZONE C2idle,
Just looked at C2 a well. The "best ever" intercept came from hole TM-17-261 (71.61 m over 14.75m for a whopping 1056 gpt-m value which is tremendous for a UG operation). This hole was mentioned agin in the latest NR (the upgraded RE), but it along with many pink dots (not included in the RE, I presume...Can you confirm this and the cut-off date for the data used in the upgraded RE?).

This hole along with TM-17-253 are inside the area for bulk sampling, so I am pretty sure that their samples would be on the high grade side (i.e. over 10gpt?). Hole TM-17-259 (21.96 gpt) is just a few m above hole 261.

If one looks across C2 x-section from W to E and down to about 300 m below the surface, there is enough  deep pink blobs (gold grade x thickness > 50gpt-m) to warrant a OP operation across Triangle and #4 Plug.

Just speculating, but perhaps de Jong had this idea as well?
Would OP be a cheaper option to start the mining operation, just like what they did in the northern end...then continue with the UG operation?
GH
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