GREY:RNKLF - Post by User
Post by
Goldnboy1on Oct 11, 2018 2:15am
123 Views
Post# 28778790
No Resource model... No
No Resource model... No When gold was mined historically, it was never defined. Diamond drilling was invented in 1902.
Up until then mining took place in a very simple way..... See gold... Dig gold.... End of story.
During this time it was traditionally “easy gold” that was mined. That is gold that a miner can see. Exposed surface gold, via dowsing, etc.
What Beta Hunt’s Father’s Day vein represents is “easy gold”. There is little need to drill the Father’s Day vein. Drilling the sedimentary shear structures are the priority. The veins are pointless to drill because they drip in gold. But the sedimentary needs defining to mine. That definition is what will take this vein from a few million to maybe in excess of 10 million ounces of gold.
From here on out unless the vein vanishes on the miners. The strategy will be.... See gold.... Dig gold... Just like an old time miner. Why waste money defining rock that has gold galore and no end in sight.
The sedimentary layer will take things next level though. Look at the picks closely. Lots of visible gold in that layer, not just quartz. That sedimentary unit would represent the low grade surrounding material of the rock. Hilarious however that this low grade sedimentary rock could actually be several ounces a ton on average. I’m just calling it low grade because when compared to the narrow quartz stock, 1-5 oz per ton just seems low grade. lol
That is how we will be able to bump our production back up.To several hundred thousand tons per year!