RE:RE: New Dr Quinton Hennigh Interview on YouTubeJust listened to Jay Taylor Interviewing QH (pushed today 4 June 2018).
Among other things one point that jumped out was that gully 250m away from KX 157 direction toward the SE QH said that they found quite a few nuggets along the gully (seet the yellow dots along that gully/dry creek bed in Figure 3 of the 31 May rNR. They are taking the samples at the gully right now using the same protocol presumably (2m x 2m area).
Some estimate:
- length of gully: ~250m
- width: 10m average
- thickness: 1m approx
- tuff layer thickness: 5m (the gray area in the upper Cannonbal conglomerate in Fig 4).
- grade: assumed 10gpt.
Request: Could some one ask QH during the conference call (tomorrow?), how many nuggets they have picked up so far at the gully, and what is the total weight?
(Novo should follow DL example to show investors the nuggets on the weighing scales for ARV Area 1 and 2 of 47K Patch. I can see no harm done by showing this kind of info with proper caveats)
The math:
250 x 10 x 1m x 2.7 x 10gpt/31 = 2177 ozAu x Cdn$1700/oz = $Cdn $3.7M value.
If the entire tuff layer is gold bearing @ 10gpt then the value would be 3.6M x 5 = $18M (for the gully alone).
Note: That gully is quite visible in Google Earth (2015 satellite picture). The lat/long are given below. The coordinates are for the intersection between the main E-W gully and a secondary dry bed coming down in the SE direction. Gully el = 96m which is higher than that for the treeline (the ravine in the south which is collecting the water from higher grounds, trees like water).
The powerline towers are also visible. KX157 is approximately 100m north of the second tower (this entire area is north of the exposed conglomerate coming down from Purdy's to CW). This tower (my guess) is the one shown in Figure 5/drone aerial view in the 25 April NR. The pick-up truck (length ~6.2m) is at the base of the tower, and KX 157 is approx ~100m away toward the north (right side of page)
Gully: 21 01 27.76S, 117 00 20.62E
Speculation:
If this layer (the upper Coannonball with the tuff marker layer sandwitched in between) continues for 2km toward Purdy's then it would yield quite a good chunk of Au. It should be noted that the grade at Purdy's was much higher (but the sample was small). So may be there is a need to go back to Purdy's to take a few 5+ tonne samples to establish the grade.
This would please DL. Perhaps, this would encourage him to let QH use his gravity circuit at Radio Hill to process the bulk samples.
QH is systematic and SGS is meticulate, but if they could show that the method used by DL would give conservative results then why not do it to speed up the process. They can always get SGS staff to watch over the operation at Radio Hill to make sure that the process would yield conservative results (e.g. ignoring fine gold).
Cheers,
GH
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Athelstan wrote: https://www.youtube.com/watch?v=WGyDh81kD5Y&feature=youtu.be
Already mentioned on SH but only 134 views so far...