RE:RE:RE:RE:RE:The bashing is ridiculousKozmo
From what I understand the term bulk sample is used somewhat loosely depending on what you are sampling! The idea behind it is to extract a small fraction of material in bulk to give you a representative of the intended purpose you are trying to achieve. If you are bulk sampling for a deposit you are likely sampling in the thousands of tons if you are going to toll mill it. If you are bulk sampling from different areas of the deposit to get a representative sample to the assay lab you are talking may 10 to 100 tonnes type of thing. In this case you are bulk sampling a small stockpile thus the size of the bulk sample does not have to be that big depending on 'the purpose'.
If I am reading the news release correctly, as it is written in a confusing manner for what reason I do not know. Whether they did not understand the technical report from the lab or they intentially wanted it to be confusing who knows. The 22 kg thing I do not believe is the whole bulk sample but material that was run from the 2-3 tonnes.
So if I am reading it correctly in the bulk sample the 2-3 tonnes you would have a low grade concentrate, a medium grade concentrate and a high grade composite batch. The medium is really the grade of the stockpile so it is likely 1.47 gpt. So in general it appears that the stockpile is 1.47 gpt! Having said that, the recovery is only 61.6%. So now you have to know is that recovery going to be the same across the stockpile probably not. So now they take the material and clean more of the imperfection out of it to attain a higher grade content then test to see if some of the course higher grade in the stockpile will get the same or higher recovery. Bottom line it seems to suggest recovery across the stockpile in the 70% range but may in fact be lower depending on how much course high grade is in the pile. So it appears the recovered grade would be only about 1.02 gpt or thereabouts.
I sure wish they were post the actual assay report for reading it would definately add clarity as right now I am just surmising based on other technical assay reports I have read. If in fact the recovered grade is just over 1 gpt which seems close if you take the trench and drill results add them up independently and divide by 2. So you are looking at maybe 850 ounces of gold! Not really worth all the time and bother!