Senior posters help me out if my math is faulty....
Eagles nest stats: After completing a preliminary economic assessment in 2008, Noront determined through delineation drilling that Eagle’s Nest was a sub-vertical, continuous magmatic massive sulphide body extending to depths of 1,200 metres, with a strike length from 100 to 200 metres and a thickness ranging from 25 to 75 metres.
http://www.canadianminingjournal.com/news/noront-hopes-to-soar-with-eagles-nest/
100x200x50(average)=1,000,000 (assuming width?)
New drilling beside Eagles Nest: The Company is drilling a geophysical anomaly identified at depth, which could represent a significant sulphide conductor. The anomaly is proximal to the Eagle's Nest deposit at a depth of approximately 750 meters. Modelling indicates the cause of this anomaly could be a conductive body with a strike length of 800 meters, depth extent of 500 meters and a thickness of 50 meters.
http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1040-tsx-venture/not/23837-noront-resources-completes-macdonald-mines-acquisition-and-provides-exploration-update.html
800x500x50=20,000,000
Could this mean that if grades are similar that we have 20 Eagles' Nests?
If so why did SP not bump again?
Ring