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Message: Re: Smokin Holes and Smokin Assays
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Sep 03, 2009 04:51PM

Re: Smokin Holes and Smokin Assays

posted on Sep 04, 2009 07:32AM

As far as the gold is concerned, it's quite nice as well, far better than most exploration companys are finding.

As you say, 3-3.5 grams per ton is about the cutoff, and this is what many companies are finding, if not worse.

The reserves at WB average 0.408 Toz/ton, or 12.7 grams per ton, 4x the economic miimum. Our best assay in the 4 released yesterday is 0.734 Toz/ton or almost 23 grams per ton, 7.5x the economical minimum.

There is no doubt in my opinion that we need not worry about the gold falling below sub-economical 3-3.5 gpt (around 0.1 Toz/ton).

Bring on the balance of assays!

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