Re: A question for the forum. -Polylabel-Bulk Sample Size
in response to
by
posted on
Aug 24, 2008 12:22PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
The Alexis minerals is the company I was looking for. If we could do 50k tons, we would generate enough cash to buy us another year or so. The figure of 1000 tons as proposed by Poly is inadequate to properly establish the geology and help us calculate our 43-101. This would be equivalent to 7M x 7M x 7m, a very small are. I am not sure where you obtained this number Poly but I would like to see something to back you up on that.
I do not believe we will pull that much ore (50k tons) as my sources have mentionned on numerous occasion the number to be 10k tons at least in the early phase so to expect to generate more than 16M from Windfall bulk sampling is hopeful. However, at this time, I am not aware of the lag time for a mining permit. That would be great info.
Cheers,
Glorieux