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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by bwannaon Apr 20, 2018 10:52am
157 Views
Post# 27917217

RE:RE:RE:RE:Proven Reserve Grade

RE:RE:RE:RE:Proven Reserve GradeIn the tetratech report dated 2014 on Page 15-11 and table 15.2, the DILUTED PROVEN RESERVE FOR THE VOK ZONE IS:

2.1 mtonnes @ 15.6 g/t Au and 12 g/t Ag

In the tetratech report dated 2014 on Page 15-11 and table 15.3, the DILUTED PROVEN + PROBABLE RESERVES FOR THE VOK MIDDLE ZONE is:

5.7 mtonnes @ 14.9 g/t Au and 10 g/t Ag

THESE ARE THE DILUTED GRADES.  If you think that an additional 10% dilution needs to be added to reflect comnents by Pretium then the diluted grades for the proven VOK reserve should be 14.18 g/t Au.

THE RESERVE GRADES ARE NOT IN-SITU GRADES.  The reserve grades are AFTER DILUTION and the tonnes are after dilution and mining recovery.




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