Spanish Mountain Gold Ltd V.SPA

Leak'n

[Wangotango67]

Sounds like you're paranoid....lol

Relax... Obvioisly Spanish Mountain has gold.
It's just a matter how they carve the deposit and how many ore tonnes vs ounces
they compile for the - PFS.

I ventured down the carbon road for only one purpose.
To see if the carbon in SPA's ores might add a complimentry second mineral credit.

if, they have carbon with good purity, then why not add it as a second credit...?
After all, lots of links online suggest - carbon does not dissolve in acid.
Which points to - intact mineral - while in acid.
I'm wondering if the gold placed in acid dissolves in solution and if,
the carbon reamins whole - carbon would be easily extracted..

In the 2019 tech report it suggests there's uoto 30% carbonecous ores.
Now.. the one drill core in the 2010 tech report - showed an approx 
value of 3% in three ore lenses -

which just now...ugh...
i came to the realization  - i think i made a mistake on this...
I added - all 3 percentagers =  when i should've averaged.
Which places the carbon percentage content in  a 3% value.
My humblest appologies.

If i use the current 39,000,000 tonne PFS expected ore tonnage
x 3% carbon content  ( stil lpretty decent ) considering some peers have 1.5% - 4%
= 1,170,000/tonnes   of carbon.
x $600/ tonne ( china link example 400 mesh )
= $702,000,000.00 / million usd ( hypothetical )

SPA's gold  metal credit is ...
$56.00 / every tonne

If the carbon is the correct carbon -
It would translate to = .$18.00 / every tonne
= 32% value of the gold metal value....



Anyways...
I too... look forward to the PFS.

Lastly... I wonder if larger drill cores were performed.
I've readsome report whereas, other juniors who use larger diameter cores sometimes
allows for a more accurate gold /per tonne value. - most often the grams increase.
 
And if it's any consoation - Leak/n...
I've always written in depth posts....
It's just the way i'm made... again, my apologies, for probing
the carbon credit... just trying to help the junior with another credit.
 

Cheers...

[Leaky66]

I may be, but just because I'm paranoid doesn't mean they aren't after me. BTW, the region and district you keep referring to is spelled Cariboo. cheers