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Bullboard - Stock Discussion Forum Comstock Metals Ltd V.CSL.H

Alternate Symbol(s):  CMMMF

Comstock Metals Ltd. is a Canada-based company. The Company is focused on identifying new opportunities. The Company is considering various options, including the acquisition and exploration of new projects.

TSXV:CSL.H - Post Discussion

Comstock Metals Ltd > ANOMALY - 2012 Historical + La Ronge Gold Results
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Post by Wangotango67 on Jun 23, 2019 2:01am

ANOMALY - 2012 Historical + La Ronge Gold Results

2012 - South Preview had a resource calculation of :
INDICATED = 1,958,400 tonnes @ 2.12 grams = 138,000 ounces
INFERRED  = 3,714,600 tonnes @ 2.09 grams = 257,300 ounces

2013 - La Ronge Drilled - 17 holes -
Guess where ?
Outside the deposit zone...!
Outside Deposit zone would mean = more gold ounces.
Leaving the 2012 indicated + inferred intact or same.

What were some of those step out drilling results perormed by, La Ronge ?

Drill Hole PR13-151, drilled 75 m outside the defined resource to the northeast,intersected:

  • 633.61 g/t Au over 4.08 m starting at 203.78 m including:
    • 1,123.25 g/t Au over 2.30 m including
      • 5.14 g/t Au over 0.77 m, 13.03 over 0.90 m, and    4,279 g/t Au over 0.60 m

FAST FORWARD - COMSTOCKS - 2016 RESOURCE ESTIMATE - 
  • Indicated resources containing 158,300 ounces of gold (2.61 million tonnes grading 1.89 g/t Au) based on a 0.50 g/t Au cut-off grade.
  •  
  • Inferred resources containing 270,800 ounces of gold (5.70 million tonnes grading 1.48 g/t Au) based on a 0.50 g/t Au cut-off grade

 

NOW...
Let's take Comstock's 2016 ( 5.7 million tonnes ) and throw in La Ronge's 
2.09 grams and ask why - Comstock is using 1.48 grams ???

WHAT WOULD BE THE GOLD GRAMS IF WE USE 5.7 MIL TONNES @ 2.2 GRAMS ?
= 403,215 - GOLD INFERRED OUNCES.

SOMEHOW THE GOLD GRAMS PER FONNE WERE REDUCED.
BETWEEN THE TIME OF 2013 - 2016.
INTERESTING...AND WHY ?
ESPECIALLY WHEN WHAT SORT OF GOLD GRAMS WAS - LA RONGE SPITTING OUT = BIG GRAMS
ESPECIALLY GIVEN THE FACT COMSTOCK PURCHASED - PREVIEW LATER - RIGHT ?

Seems La Ronge kept the original - indicated and inferred ( historical )
Performed several - step out drilling = which should have added far more gold ounces.
Infil was. mentioned...and so was a PEA....which I've yet to find.

What has Comstock been doing of late ?
Drilling the North Preview...lol
Well outside the South Preview original resource deposit.
Even though they drilled inside south preview too.

So...
An anomaly with the tonnage being higher with Comstock.
But lower gold grams shown by Comstock...than, La Ronge.

What did it do to the deposit ?
It kept it near same size as original ( historical ) without over all, Gold Resource Growing Larger.
Wink ...!  And...the tonnage increased considerably.

One has to ask...
Was the La Ronge drill holes ever incorporated into the over all resource ?
Was Comstock's several years of drilling ever incorporated into the over all resource ?

Look at the recent intercepts of Comstock + La Ronge's...
Why hasn't this Gold Resource grown exponentially ?

12+ grams reduced to 1.89 grams ?
Uhm...how...lol

Here's the link to La Ronge's original 2012 historical resources.
Indicated + Inferred...look for the elomgulated box Midway down article.

https://finance.yahoo.com/news/la-ronge-gold-infill-drilling-181300644.html

EXCERPT - ( mentioning 4 hole inside of deposit to confirm mimerslization with in deposit )

  • Seventeen (17) Drill holes completed to date to test mineralization outside of the Preview SW deposit, as well as to extend the deposit to the northeast, southwest, and down-dip

  • Current drilling program will test 2,620 metres (m) of potential strike length

  • Drill hole PR13-146, drilled 250m outside the deposit to the northeast, confirmed the extension in that direction; the deposit remains clearly open to extension to the northeast

  • Drill holes PR13-147 to PR13-150 confirmed near surface gold mineralization within the deposit to the southwest; the deposit remains strongly open to the southwest


So lots of drilling outside and inside of deposit by, La Ronge.
And drilling perofrmed by Comstock...

Yet...the resources has barely budged...lol
Time for a NEW resource calculation.


Wango~
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