A GLIMPSE @ SOLOMON’S SHEAR HIDDEN TREASURE
posted on
Oct 13, 2015 12:18AM
SCRATCHIN THE $$$ SURFACE $$$
In 2007 Silverado Gold Mines discovered 4 massive Gold-Antimony veins in the Workman's Bench area, they are identified as the 'A' Zone, 'B' Zone, 'C' Zone, and the 'West' Zone. Both the Workman's Bench and Pringle Bench properties (adjacent to each other) contain quartz-stibnite-gold veins that cut a high-angle, structurally controlled zone that is 150 ft to 300 ft wide and at least 1,600 ft in length." Pringle Hole # 09SH20 shows a 2"- 3" wide Gold bearing structure. Lab test results show 1.69oz Gold/Ton, and the company drill tests show that hole to intercept with the 'A' vein from Workman's Bench Tunnel. And further company reports show "Workman's Bench Tunnel 'A' vein to be 980 ft long, 335 ft deep, 0.95 ft wide, and has a grade of 31.52% Antimony and .405 oz/ton Gold." For myself, the most important info that brought this together was that the 3 veins from Workman's Bench Tunnel, vein 'A', 'B', and the 'West' vein, the 3 veins combined represent 42,412 tons of probable reserves containing 11,875 tons of Antimony and 17,300oz Gold.
Calculating the wealth for both Gold and Antimony from this small area….
31.52% Antimony grade = 703 lb x $5.90 = $4,100.47 x 11,875= $49,253937.5
17,300oz Gold x $1,600= $27,680,000 Gold + $49,253937.5 Antimony= $76,933,937 Total
$27,680,000 Gold + $49,253937.5 Antimony= $76,933,937 Total
$76,933,937 dived-by 42,412 Tons = $1,813.96/Ton - $500/Ton production cost = $1,313.96
$1,313.96 x 42,412 Tons = $55,727,672 Total net profit
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Underground Map: Workman’s Bench Underground Tunnel, channel samples of Massive Gold-Antimony-Qtz Veins
Photo below: Massive Antimony Vein - Underground Tunnel WallPhoto Below: Pringle Bench 2 Foot Wide Vein of High Grade Ore @ surface