Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: To the Hoov
14
Jun 18, 2012 01:11PM

ya.. when I just simply add it up I get 864,000 oz of Indicated and 438,000 Inferred.

then they state (see below) ... so I'm hoping someone will explain the difference as the chart shows capped and the below statement is regarding uncapped.

I think Bratty made a good point in stating that most of GNH's drilling has mainly been exploratory... See his RE: Very quiet morning post.

SGS also estimated the resource estimate using uncapped composites. This yields an in situ indicated resource of 313,900 ounces gold (2.9 million tonnes grading 3.36 g/t Au) and inferred resource of 102,000 ounces gold (2.17 million tonnes grading 1.46 g/t Au) using a cut-off grade of 0.60 g/t.

D

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