Post by
mattbigham on Feb 28, 2021 5:19pm
all the earmarks of a deposit that's going to be much larger
There's 44 m oz of silver outlined by AXU,already.
3.8 m oz Ag past production.
Clynt is saying that Bermingham Deep discovery "has all the earmarks of a deposit that's going to be much larger." ........ than Hector-Calument's 96 m oz of Ag - with massive base metal credits.
Bermingham deposit - without the Bermingham Deep discovery
Indicted 33 m oz Ag @ 930 g/t + Au,Pb,Zn
includes Probable 11.3 m oz @ 972 g/t + Au,Pb,Zn
Inferred 11.7 m oz Ag @ 713 g/t + Au,Pb,Zn
Clynt Nauman on the Bermingham Deep discovery:
"So,then we find ourselves faced with this point ,that you know,that we could have a significant number of ounces down here.
I've been quite bullish in saying that if there are the number of ounces down here that we could speculate might be present then
there is enough ounces to strategically change our view on what Keno Hill is."
"In other words,Bermingham could be a much bigger deposit.
The largest deposit in this district historically was 90-95 million ounces.
This Bermingham discovery is by coincidence right next door and it has all the earmarks of a deposit that is going to be much larger.
If that's the case,the whole......
the whole sort of head space that we're in of a 400-500 tpd / 7-8 year mining operation is simply going to be superceded by this discovery."
The largest deposit in the Keno District Clynt is referring to is the Hector-Calument discovery:
96.22 m oz Ag (35.4 Ag oz per ton) + 407 m lbs. Pb + 334.6 m lbs Zn
https://journals.lib.unb.ca/index.php/GC/article/view/2686/3103
So,if Bermingham Deep proves to be a "much bigger deposit " than Hector-Calument and Bermingham has 44 m oz of silver now then I'm reading 150m oz Ag is a minimum for all of Bermingham and who knows what the Deep discovery ultimately brings the total resource up to. Additionally,we're talking the highest grade silver deposit in North America.
Bermingham
3.8 m oz Ag past production (20.3 Ag oz ton) + 15.6 m lbs. lead + 2.6 m lbs. zinc
https://journals.lib.unb.ca/index.php/GC/article/view/2686/3103