INTERESTING OBSERBVATIONS How does a junior + engineering firm calculate a open pit resource ?
- Junior sends the avail data to engineer.
- Eng Firm plots the intercepts to build the pit block model.
- Using MET test results.
ISSUE ?
- what if junior forgot to send a few drill holes ?
- what if eng firm didn't quite account for longer intercepts ?
- what if met studies kept holding back on pgm magnetite recoveries
- what if ore if an ore geology was partitioned and 86 % was erased marked as waste.
- what if 2023 pit model was only 120m deep using 10m benches ?
- what if, iron, chromium, titanium, rubidium, 4 exotics, magnesium were excluded ?
2014 Tech Report
Decided to perform a few overlays
Plotting drill hole data
Page 59 of 2014 tech report ( not seeing )
WS - 271 - 676m - total intercept ( 3 lenses ) hear of UG mine zone.
WS - 272 - 323m - location would place this outside of - 2023 pit model
2023 Open Pit Model - from base camp elevation - Pit is approx 120m deep
Significant tonnage is not represented ???
Several drill holes show ore body goes nearly through to north side.
Is 2023 Open pit only showing a partiality of deposit ?
https://www.wellgreenplatinum.com/pdf/Wellgreen_2014_Resource_Technical_Report.pdf
Question ?
Why is this 2023 Pit Model only showing 120m depth ?
( 10m ) benches.
Better yet...
How does a mega mining truck scale and exit the benches
If the benches have no way for the trucks to scale down ?
lol
Why is there no grid scale measurements on,
2023 Pit Model ?
2015 PEA at least provided scale.
I added a few overlays to guage an approx L x W x H
Appears this 2014 Pit Model reveals a good 400m depth.
BUT.... inside of mine, former yrs drilled and discovered the
mineralization went over 545m deep.
That was.... drilling from inside not surface.
Robert Friedlands Ivanhoe Platinum Mine allots for,
May 11, 2016 — 3.77 grams per tonne (g/t) platinum, palladium, rhodium plus gold (3PE+Au), 0.32% nickel and. 0.16% copper,
Ivanhoe Mine jacks the platinum grade by using Eq's.
Wellgreen Deposit
Platinum
Palladium
Gold
4 plat exotics
Rubidium
Nickel
Copper
Cobalt
Magnetite
Hematite
Magnesium
Titanium
Chromium
PERIDOTITE ORES ( uh huh )
Rhodium Price per Ounce $4,650.00
Rubidium Price per Ounce $3,640.00
Above chart is missing, chromium.
Iron 14% ( chart above ) while the chart below shows 11%.
Here's the other chart including chromium, but excluding exotics - lol
Cheers...