Re: Mine is bigger than yours
in response to
by
posted on
Mar 01, 2011 09:41PM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
cappy,
The Phase III drilling confirmed that the chromite zone is found at
surface and, in places, is under less than 4 m of overburden, indicating
it would be a likely candidate for open-pit extraction. Mineralization
at Black Creek is dominated by three massive chromite layers, with
subordinate amounts of banded, semi-massive and disseminated chromite
found between and below the massive layers. The cumulative thickness of
the mineralized zone averages approximately 65 m.
Summary of Black Creek Chromite Resources
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Category Tonnes Avg. Cr2O3 (%) Cr:Fe Ratio
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Measured (M) 5,256,000 37.00 1.8
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Indicated (I) 3,389,000 38.04 1.8
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Total M & I 8,645,000 37.41 1.8
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Inferred 1,610,000 37.78 1.7
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Note: All tonnages have been rounded to the nearest thousand.