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Message: Re: Nugget Effect...
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Feb 17, 2010 01:45PM
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Feb 17, 2010 03:04PM

There's no way to eliminate the nugget effect since it results from trying to assay irregularly distributed gold with relatively small samples of core. The grade will also tend to be underestimated if cut resources are reported where high assays are capped at some value. Kodiak has indicated that they intend to carry out bulk sampling. The metallurgical study indicated that they should recover most of the gold, so if you compare the actual gold recovered in a bulk sample versus the predicted grade, then you get a good estimate of the nugget effect. And you have some gold to sell.


Mar 31, 2010 10:27AM
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