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Message: Silverado Gold Grades Vs. Others

Found this PR interesting. Hunt is announcing 115,538.19 Toz gold in 4.9 million tons for a grade of just 0.719 GRAMS per ton ore (that is 0.023 Troy Ozs/ton).

This is a miniscule grade, yet news worthy. Recall, Silverado is at 0.41 Toz/ton, or 17.7 times higher grade in the Probable Resource category.

And just in case you noticed, their units of "Tonnes x 1000" in the second table below is not correct, it is really unit tonnes, not thousands of tonnes). Otherwise, they'd be talking 4.9 BILLION tons, not million, and their grade would be 1000 times less than shown.

Measured Resources
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Cutoff Ounces Ounces Ounces
Au Eq g/t Au Ag Au Eq
----------------------------------------------------------
0.2 115, 538.190 2 ,668, 357.667 155 ,561.554
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0.5 88, 928.131 1 ,671, 858.109 114 ,004.749
0.8 68, 697.970 1 ,112, 370.515 85 ,382.694
----------------------------------------------------------

Measured Resources
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Cutoff Tonnes x 1000 Grade Grade Grade
Au Eq g/t Au g/t Ag g/t Au Eq g/t
----------------------------------------------------------------------------
0.2 4, 998,667 0.719 16.602 0.968
----------------------------------------------------------------------------
0.5 2, 405,435 1.150 21.616 1.474
0.8 1, 404,575 1.521 24.630 1.891
----------------------------------------------------------------------------

http://finance.yahoo.com/news/Hunt-Mining-Corp-Preliminary-ccn-2260328325.html?x=0&.v=1

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Oct 06, 2010 12:27PM
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