EXPM:RLGMF - Post by User
Post by
Wangotango67on Dec 27, 2021 10:13am
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Post# 34263521
CONFORMITY + CONTINUITY
CONFORMITY + CONTINUITYRule #1 -
Never conform to a parent gold producer.
Just because they - lng stope mine - doesn't mean the junoor mere 15km away should do same.
Rule #2 -
Let the deposit speak for itself.
Excluding lessor significant drill intercepts - guides and coaches the deposit to long hole.
Excluding lessor intercepts supports a shaft driven mine while dismissing the true attributes of a gold deposit.
Rule #3 -
Plott all gold intercepts.
Allow the deposit to speak in terms of how it should be mined.
Rule #4 -
Be very picky on what resource program should be used to estimate a resource.
More importantly, offering two mine models at an give ntime is - where it;s at.
Rule #5 -
Populate all dril lintercepts - long / short + rich + weak grades.
Excluding 1.5 meters and under could create a skewed interpretation of the deposit
4 DIAGRAMS FOR ROWAN -
#1 - one can easily see the varied mineral grades of intercepts - each color.
#2 - 2010 drill intercepts - if current resource perhaps excluded all 1.5 / under intercepts
trying to conform to long hole mining high grades - then....
18 drill intercepts would be excluded from this drill table - resulting in a 67% reduction
creating an outcome of, all gold ounces not accounted for.
#3 - cross section of depoist - depicting far greater core body than - chasing rich thin veins
#4 - surface arial view of the Rowan depoist.
I would have ot confer with a few others who've coined this depoist as, folded.
I can't help but think, sediment sheets folded against each other.
ADVICE FOR JUNOOR ?
Page 12 - Hygold Rowan 43 101 Tech report. ( excerpt )
MINERALIZATION Appendix B is a compilation of all known Rowan drill core intersections with gold grades greater than or equal to 1 grams per tonne (gpt) for 1937-2009.
Find Apendix B and in conjunction of all other drill intercepts after 2009, and punch in both data sets to see what the Rowan would look loke - modelled as - open pit.
My hunch says....
Lessor grades of 1-3 grams could light up this depoist in a value of, creating a continuity mass that could very well support an open pit -
The 4 diagrams in below link - strongly suggest open pit.
Eliminating the mindset of keeping only 1.5 meter intercepts and including all intercepts with all grades - in a 3 D intercept plotting - would tel lthe whole story.
Announce these simple measires...
RLG remodelling Rowan to see it an open pit model is more appropriate - creating all the more gold ounces and not to mention far cheaer per tonne ot mine - in my opinion - would create far more value for the shareholders than, staying the course with small pp and more drilling.
Cleaning up what one has now, and perhaps adding more ounces by means of remodelling the depoist - could be far more cheaper and far more valued for junior and shareholders.
Right click.
Open lin kin new window.
Click once to expand view.
https://apis.mail.yahoo.com/ws/v3/mailboxes/@.id==VjN-5QiH52KGhJJafvgCjwmzVF72v8JvbmsrnIdTvAMeA9MSO1o-idfBnsll3s9AMp2LsVOAykft_OCWIB6Ledswcw/messages/@.id==AKB86Ks3hhlQYcnL8gsbwEvR81A/content/parts/@.id==2/thumbnail?appid=YMailNorrin
In closing,
What percentage increase could be created including all intercepts,
1.5 meters - under and over.
All grade 0.5/g and up....
In just one drill chart - diagram #2 in link, there was a 67% exclusion based on each being under 1.5 meters - if these gold ounces were incorporated - how many more ounces of gold
could be amassed ?
Cheers....