Lavras Gold Corp V.LGC

FDP Grid Contained M & I ounces Updated

[nozzpack]

The original dimensions early in the FDP grid drilling program was 200 m by 200 m area  with drill holes spaced 50 mterers apart. That spacing implies 25 drill holes which at 400 m of depth amounts to about 10,000 meters of drilling needed to acquire sufficient density of drilling to meet M & I 43-101 standards .

The Krieging algoritms generally will interpole the radius which is 25 meters .

Hence the estimable area encompassed by the 50 m spacing  will be 250 m by 250 meters by 425 meters .

SG is 2.7 tons per cu m.

So, we have 250  X 250 X X 425  X 2.7 = 72 m tons 

I assume an average grade of 1.25 grams per ton and also assume that 50 % of the contained ore volume is waste ( same as SGD ) which results in  1.45  million ounces of economic gold ounces for FDP

This is very rough but illustrates that  FDP could deliver 1 million ounces or so.

[snowshoedb]

Your calculation makes the assumption that the drilling program is completed within a "current footprint" of 250m x 250m x400m. If the deposit is still open in a number of directions, is it reasonable that they will step out further from that  current footprint with the existing drilling program? Or are they better to get a Resource Estimate from the current program from within the