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Providence Gold Mines Inc V.PHD

Alternate Symbol(s):  PRRVF

Providence Gold Mines Inc. is a Canada-based mineral exploration company. The Company is engaged in the process of exploring and evaluating its mineral property located in California, United States. It owns 100% interest in Tuolumne Property. The Company’s gold mines consist of seven patented stake mineral claims and 22 located claims, encompassing an area of approximately 324 acres, which includes Bonita, Consuelo, FairPlay, Good Enough, McCarthy, Mexican, and Providence. The Providence Group of Mines is located in the Summerville Mining District, Tuolumne County, California, upon the eastern belt of the Mother Lode District. Its subsidiary is Providence Gold Mines (US) Inc.


TSXV:PHD - Post by User

Bullboard Posts
Post by Twigler12on Nov 21, 2020 1:19am
881 Views
Post# 31946306

volume of the stockpile

volume of the stockpilejust baseing my predictions off of the stockpile picture and shooting short on everything, i think we could be looking at 56000cubic meters of stockpile. in theory this stockpile said to be located in a revine so this is my formula (Volume triangular prisum=.5BHL)(V=.5 x 50m x 15m x 150m) gives you 56250m3. i undershot the weight of a cubic meter of gravel (1.68tonnes/cubic meter)
(56250 x 1.68=94500tonnes) now i think we average at least 1g per tonne giving you 94500g of gold. that gives you 3048ounces(94500/31=3048). this is just my predictions, and know i shot short on all my numbers. i believe there is more than what my numbers come out to, im just trying to give a reasonable answer.
Bullboard Posts