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Stinger Resources Inc V.STNG


Primary Symbol: C.STNG Alternate Symbol(s):  STNRF

Stinger Resources Inc. is engaged in the exploration and development of mineral properties in Canada. The Company holds interests in gold and silver properties in British Columbia. The Company's projects include Gold Hill Property, Ample Goldmax Property, Dunwell Property, and Other Properties. The Gold Hill property covers approximately 836 hectares and is located along the western edge of the Kimberly Gold Trend in the Fort Steele Mining Division near Cranbrook, British Columbia. The Dunwell property is located approximately seven kilometers (km) from Stewart, British Columbia and includes the historic Dunwell Mine Property claims. The Ample Goldmax property package spans over 1,044 hectares and is located approximately eight km west of Lillooet, British Columbia. Its Other Properties include Glitter King Property and Silver Side Property. The Silver Side Property is located in the Kamloops mining division approximately 20 km north of Clearwater, British Columbia.


CSE:STNG - Post by User

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  • NOMOREROLLBACKSX
Comment by NOMOREROLLBACKSon Aug 21, 2024 7:46am
190 Views
Post# 36189362

RE:Dunwell

RE:Dunwell
 
49,500 tons containing Gold, 12-,300 Oz: Silver, 474,400 oz
S6<n
,r
Load, 3,120,000 lbs: Zinc,
5,512,00
lbs.
r &
-
Much of this was flux, etc., but tho average.grado of hoatfy sulphide
ore was: Gold, .30 oz, Silver, 12 oz, Lead 4$, Zinc, 7$.
This varies with tho printed rocord, however, the writer can explain
this variance as he actually operated tho property.
ORE POTENTIAL;
Tho ore potential makes the property very attractive. At least
two locations in the immediate vicinity of tho camp should yield one-
large and one meduim sized oro bodies with very low cost development.
Ore bodies are at the junction of shoar zones with results, and with
a reasonable amount of drilling it should not bo vory difficult to
quickly develop sufficient ore to operate tho 100-ton mill which
is owned by the company.
ECONOMICS.
The mine is a very cheap property to operate. The total local costs
under one 140 day operation, using diesol and water power, were
$4.25 per ton. Today the- profit ratio (gross) would bo 30$ to 50$
on heavy sulphide oro.
CHARACTER OF ORESs
Mainly those are divided into throe classes:
(1) Heavy Sulphides clean oro, .5 Gold, 20 oz Silver, 20$
Comp,
Load and Zinc,'
(2) Secondary Silver, .2 Gold, 30 oz Silver,, 80$ Silica.
(3) Gold Copper Ore. 1 oz Gold, 2$ Copper.
Those are rough figuros.
FUTURE:
It is of particular note that Gold values increase (and silver decrease
with depth. One block of oro  several thousand tons « in an ox~
pssure of the batholithic rock averaged 1
0
0 oz Gold, 20 oz Silver
and 2$ Copper. Individual specimans would run up to 30 oz Gold,
49,500 tons containing Gold, 12-,300 Oz: Silver, 474,400 oz
S6<n
,r
Load, 3,120,000 lbs: Zinc,
5,512,00
lbs.
r &
-
Much of this was flux, etc., but tho average.grado of hoatfy sulphide
ore was: Gold, .30 oz, Silver, 12 oz, Lead 4$, Zinc, 7$.
This varies with tho printed rocord, however, the writer can explain
this variance as he actually operated tho property.
ORE POTENTIAL;
Tho ore potential makes the property very attractive. At least
two locations in the immediate vicinity of tho camp should yield one-
large and one meduim sized oro bodies with very low cost development.
Ore bodies are at the junction of shoar zones with results, and with
a reasonable amount of drilling it should not bo vory difficult to
quickly develop sufficient ore to operate tho 100-ton mill which
is owned by the company.
ECONOMICS.
The mine is a very cheap property to operate. The total local costs
under one 140 day operation, using diesol and water power, were
$4.25 per ton. Today the- profit ratio (gross) would bo 30$ to 50$
on heavy sulphide oro.
CHARACTER OF ORESs
Mainly those are divided into throe classes:
(1) Heavy Sulphides clean oro, .5 Gold, 20 oz Silver, 20$
Comp,
Load and Zinc,'
(2) Secondary Silver, .2 Gold, 30 oz Silver,, 80$ Silica.
(3) Gold Copper Ore. 1 oz Gold, 2$ Copper.
Those are rough figuros.
FUTURE:
It is of particular note that Gold values increase (and silver decrease
with depth. One block of oro  several thousand tons « in an ox~
pssure of the batholithic rock averaged 1
0
0 oz Gold, 20 oz Silver
and 2$ Copper. Individual specimans would run up to 30 oz Gold,
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