RE:RE:RE:RE:RE:Agnico paid $13.5 B for Kirkland Lake" Furthermore, a buyer will usually throw out the junior's data and conduct their own."
Not data but mainly the interpolation parameters of the Krieging estimation model.
There is no simple extrapolation model for estimating resource levels at depth.
An approximate proxy would be that the vertically integrated resource level down to 1000 m of depth would be 10 times that of the first 100 m.
So, 1 m ounces of open pit becomes 10 m ounces of gold once 1000 m is reached.
This would have to be done on a discrete discovery zone ( pit, zone etc ) and accrued across zones.
Very very approximate requiring depth specific grades and dimensions .
On a gross observation scale , I can find no other historical gold play discovery that matches Queenie at this stage in its drilling and exploration ontogeny .....