Message: HIGHLIGHTS of Silverado's Nolan Creek Project Update - April 2010
You have to scroll to right to see all of the data, and the table may have formatting reproduction problems, but here goes...bottom line $207MM gross including all catagories...Probable is the most important and it is $124.3MM...tip of the Nolan Mineralburg, literally.
| Reserve Category | Quantity Ore (tons) | % Sb | Metal (tons Sb) @95% Recovery | Value/Ton Sb | Grade (Toz Au/ton) | Metal (Toz Au) @ 90% Recovery | Value/Toz Au | Total Value Sb | Total Value Au | Grand Total Gross Value | Mining Days @250 tpd | Net Value @ 60% | Value per Share (@1.9B Shares) | Potential SP @ P/E =15 |
| 1/7/2010, Probable | 42,412.0 | 28.00% | 11281.6 | $9,500 | 0.408 | 15573.7 | $1,100 | $107,175,124 | $17,131,055 | $124,306,179 | 170 | $74,583,707 | $0.039 | $0.59 |
| 1/7/2010, Indicated | 12,039.0 | 20.02% | 2289.7 | $9,500 | 0.236 | 2557.1 | $1,100 | $21,752,125 | $2,812,792 | $24,564,917 | 48 | $14,738,950 | $0.008 | $0.12 |
| 1/7/2010, Inferred | 34,206.0 | 14.92% | 4848.4 | $9,500 | 0.357 | 10990.4 | $1,100 | $46,059,405 | $12,089,427 | $58,148,832 | 137 | $34,889,299 | $0.018 | $0.28 |
| Total Jan, 2010 | 88,657.0 | 18,419.6 | 0.33 | 29,121.2 | $174,986,655 | $32,033,274 | $207,019,928 | 355 | $124,211,957 | $0.065 | $0.98 |
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