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Bullboard - Stock Discussion Forum Soho Resources Corp V.SOH

TSXV:SOH - Post Discussion

Soho Resources Corp > Here are the 43-101 caculations
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Post by mattbigham on May 30, 2009 12:15am

Here are the 43-101 caculations

These are done according to the 43-101 engineer's numbers and metrics as in the NR:

$307,617,934.64  Inferred base metal dollar count as calculated by the Taheuheuto N.I. 43-101 engineer's dollar figure basis.

$800 per oz Au gives a divisable count of 384,522 ounces gold equivelancy.

*********************************************
$436,148,700  Measured plus Indicated base metals totals dollar count equivelancy as calculated by Soho's engineering firm's dollar figure basis.
$800 per oz Au yields a divisable count of 545,186 ounces gold equivelancy.

*********************************************

Gold:Silver ratio today is 65:1

Total  M+I+I = 664,919 oz. Au

Total M+I+I = 13,266,873 oz. Ag @ 65:1= 204,105 oz Au Eq 

Total M+I+I (Au and Ag only) = 869,024 oz Au Eq

********************************************

Recent historic gold:silver ratio benchmark is 50:1

Total  M+I+I = 664,919 oz Au

Total M+I+I = 13,266,873 oz Ag @ 50:1=265,337 oz Au Eq

Total M+I+I = (Au and Ag only) = 930,256 oz Au Eq

*********************************************

Total M+I+I = (Au and Ag only) @ 50:1 gold/silver ratio= 930,256 oz Au Eq

Total M+I+I = (Au and Ag only) @ 65:1 gold/silver ratio= 869,024 oz Au Eq

Total M+I+I Au + Ag + inferred base metals calculations into Au Eq:

930,256 oz Au Eq + 384,522 oz Au Eq = 1,314,778 Au Eq oz @ 50:1 Au:Ag ratio

869,024 oz Au Eq + 384,522 oz Au Eq = 1,253,546 Au Eq oz @ 65:1 Au:Ag ratio

********************************************

Total M+I+I Au + Ag  @ 50:1 gold/silver ratio plus total base metals (M+I+I) calculations into Au Eq:

930,256 + 384,522 + 545,186 = 1,859,964 oz Au Eq

********************************************

Total M+I+I(Au and Ag ) @ 65:1 gold/silver ratio plus total base metals (M+I+I) calculations into Au Eq:

869,024 + 384,522 + 545,186 = 1,798,732 oz Au Eq

*********************************************

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