OTCQX:GTBAF - Post by User
Comment by
goindeeperon Sep 05, 2019 11:55pm
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Post# 30100968
RE:Math
RE:Math Total In Situ Value = (volume of deposit)(specific gravity of host rock)(average g/t of deposit)(in situ value of one gram of gold based on purchases of similar deposits)
Make sure your units are consistent i.e. use metres and grams all the way through or you have to include the conversion factors in your calculation.
CdnBadger wrote:
Could someone who knows geo dontje math for me here. I don't know how to work it out. Hypothetically if the entire fault was in fact the strike length and we were getting say 2 grams per ton.(or is there a more accurate conservative number). Like what could the potential of this thing be? In my head it seems massive but just what are we actually looking at here? Even if it was only the 3.5 km combined even that seems pretty big. Can someone help get a grasp on the numbers or explain/send me somewhere so I can do the work myself. Thanks in advance. I don't mind doing some heavy lefting so feel free to point me towards some heavy reading.