RE:RE:Don’t be Afraid..Calculate QWN ounces of goldUnfortunately, the actual resouce will not be close to your estimate. You're assuming that the entire 4100mx400mx400m is equivalent to a drill intercept running 11g/t. This is a very poor way of looking at it. For a proper estimate using your method of calculating, you should take each intercept per hole and average it over 400m or the drill hole length (if it's shorter). I think you'll find your grade will likely be <2.5g/t.
An example of a company with the same thought process as you would be Rubicon Minerals. That was the nearest thing we've seen to Bre-X in years. They eventually corrected all of their errors and got bought out but they looked at their deposit the same way you're touting the possibility of >20 million ounces. I am in no way saying that NFG is like Rubicon or Bre-X is any manner. I'm simply stating that the way you're projecting your confidence with these ridiculous estimates is similar to Rubicon and Bre-X. Let's come back down to earth and be sensible with our estimates.
We should look at examples of the highest grade open pit mines in the world as of 2020 (see image below and here's the link; https://education.kitco.com/precious-metals/highest-grade-open-pit-gold-mines-q1-2020#:~:text=Kingsrose's%20Way%20Linggo%20mine%20in,and%20extraction%20of%20precious%20components.). Do you truly believe that NFG will come anywhere close to these averages? Because I don't
