Agoracom: Small Cap Investment - Tyhee Gold Corp. - Re: With a Gun to My Head, I'd Say We'll See Another 100,000 Ounces Within 60 Days.

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Re: With a Gun to My Head, I'd Say We'll See Another 100,000 Ounces Within 60 Days.

in response to

Re: With a Gun to My Head, I'd Say We'll See Another 100,000 Ounces Within 60 Days.

8barker6

posted on Aug 12, 2008 08:49AM

Barker,

Webb said Tyhee's total 12 month exploration budget was $5M, and he said they spent half of that on the 25,000 meters at Bruce and Ormsby.

So, add approx 100K oz from todays results to the now standing total resource figure of 1.643M oz and you get (I'm using the new USA rounding-off method) about 1, 800,000 Au ounces for the upcoming revised resource estimate.