Re: Here is what I saw
posted on
Oct 20, 2011 07:03PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Maybe BOW can help me here as I also scale my calculations. The reason we are scaling is because of the G&S report scaled at 32%. From what I can determine the reason they scaled is because the N.I. 43-101 report showed an inferred ore tonnage at 4290 tonnes. The G&S report showed their estimated ore tonnage at 13500. Both Brophy and G&S used the length x width x depth x specific gravity formula. The 32% that G&S published is the Brophies findings divided by their own findings. My only assumption is the G&S did not have as much data as Brophy and as such determined a factor to compensate.
This was all done on the C1 vein.
I am scaling my calculation because Brophy's numbers were 32% of G&S. It is my opinion that we should scale whatever ore tonnage we come up with by this number as a general rule. Is this not correct?
Vi