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Message: Re: I all of a sudden like purple...1.9 million ounces
4
Apr 20, 2009 04:02AM
1
Apr 20, 2009 05:18AM

Even though they are finding multiple new zones, it's just confirming what most of us hoped it would and doesn't really add much to my model as I was being very optimistic.

Size:

The Hinge #4 zone has now been drill tested between section 0 east and 800 east (feet), (250 m) and to depths of over 1,200 feet (400 m) demonstrating excellent continuity in both structure and grade

Geology and face samples to April 8

West Hinge - Average grade is 41.53 g/t, average width is 2.94m (7.87 feet)

East Hinge - Average grade is 28.82 g/t, average width is 3.35m (11 feet)

Drill results above the 200 metre level - Average grade is 41 g/t, average width is 3.4m (11.15 feet)

So if geology, face samples and drill results are demonstrating excellent continuity in both structure and grade, I'm assuming tonnage between 200m and 400m is then similar to tonnage above 200m.

I get the Hinge #4 then as a high grade ore body 250 metres long, 400 metres deep about 4 metres wide grading over 40 g/t.

~1.5 million tonnes(metric tonnes) x 40 grams = 60 metric tonnes of gold

60 metric tonnes = 1,929,044 ounces(troy)








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