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The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Message: Re: Drilling and Darcel...Nickel, you any good with Math?

Sep 12, 2008 12:11AM

Re: Drilling and Darcel...Nickel, you any good with Math?

in response to by
posted on Sep 12, 2008 06:15AM

I was up last night fooling with the spread sheet and as I had written, Darcel had used only the single hole reported for Langmuir 1 South that was reported Mar 07/07. Using that one hole he estimated 2.6 million pounds Nickel.

I was wondering if you could go through that simple calc and see what you get? I got more? Almost twice more, and wondered what I had done wrong? I simply used the method that we had talked about him using earlier in a previous post

I will lay it out for you:

The estimate methodology:

1) multiply core length (m) x 625 (assume each core represents an area of 25m x 25m). Gets the volume of the core sample material.

2) multiple volume above x 3.5 (tonnes per m3) .I assume this is to calculate tonnes from the volume calculated above?

3) multiply tonnes x 2204 to achieve lbs. of Ni containing rock. Gets you to LBS from Tonnes

4) multiply (lbs. Ni containing rock) x (avg. Ni grade) to obtain lbs. Ni per core sample. Gives LBS.Ni. per core sample

5) add all lbs Ni. from all core data, to obtain total lbs. Adding up the Nickel per core gets you total Ni for a given set of drill samples/cores in any given area

Now here's the single hole info:

Drill Hole

From (m)

To (m)

Core Length (m)

True Width (m)

Core Length (ft)

True Width (ft)

Weighted Average Ni (%)

LS07-2

313.75

378.05

64.30

41.33

210.96

135.60

0.820

and

313.75

354.00

40.25

25.87

132.05

84.88

0.224

and

354.00

366.00

12.00

7.71

39.37

25.30

0.328

and

366.00

377.00

11.00

7.07

36.09

23.20

3.596

and contains

366.95

372.40

5.45

3.50

17.88

11.48

6.453

with

366.95

368.00

1.05

0.67

3.44

2.20

4.380

368.00

369.10

1.10

0.71

3.61

2.33

3.865

369.10

370.20

1.10

0.71

3.61

2.33

4.635

370.20

371.30

1.10

0.71

3.61

2.33

9.070

371.30

372.40

1.10

0.71

3.61

2.33

10.220

and contains

372.40

373.20

0.80

0.51

2.62

1.67

1.085

and

373.20

373.90

0.70

0.45

2.30

1.48

1.995


Sep 16, 2008 07:16AM
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