Just looking back at the Gluckstein & Silverspoon NR, as well as various other NR, anyway, looks like they used a 32% scaling factor from the Estimated Ore Tonnage, and the NI 43-101 Inferred Ore Tonnage. They also used 2.7 T/M3, and the 43101 used 2.75 T/M3, but I still like 2.5 T/M3 (just to be a little more conservative)
Just wondering if we all want to use the same constants in the future, so we all do it the same way:
Once you calculate your volume then multiply by 2.5 T/M3 then multiply by 0.32 (scaling factor) then by your estimated g/T then multiply by 1OZ/31.1g
Bottom Line instead of using the Ovoid Formula (which scales by approx half) we will now even scale it more by multiplying by this new scaling factor.
ST. ELIAS MINES LTD. - 43-101 Inferred Mineral Resource - 4,290 tonnes @ 1.04 oz/t Au - Tesoro Gold Project, Peru