HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

Free
Message: A few ways of looking at size/value of Eagle 1 b and c
Reply New Message
Prev Message Back To Forum Threaded View Next Message

I knew I was going to have some responses to that post and I thank you Hoov for taking the time to do it. If you do not mind, I would like to pursue this a little further though even though I always end up feeling a little more humble after any exchanges with you!

You are right that Eagle 1a is not spherical and again, no arguments there. However, the volume of Eagle 1 a as per 43-101 is as follows:

Massive Sulphide Domain

Block Model Volume 105,543 m3

Geometric Domain Volume 105,485 m3

Difference 0.05 %

Disseminated Domain

Block Model Volume 885,903 m3

Geometric Domain Volume 885,546 m3

Difference 0.04 %

So if we average out each you get volume of 105, 513 of massive and 885, 724 of disseminated for a grand total of 991, 237meters cubed. Funny how my spherical calculation turned out to be 995 305, a difference of only 0.4%. This could have worked out to sh*t ass luck but very close indeed!!

If the other numbers end up having that variance, I could live with that!

Glorieux

10 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply