Hello Sculpin,
A quick response. If the report was indicating sulphides of 1% and a gold concentration of 1% of the sulphide concentration we are looking at:
1/100 ( sulphide ) x 1/100 ( 1% of sulphides ) = 100 ppm or 100 g/T ( metric units )
This is fabulous news bearing in mind you are using 1 g/T in your calculations. I have looked into mesothermal sulphide formations and they have been recorded in the range of 60 - 300 ppm gold present in the sulphide phase.
This report is indicating 1/100 or " 10,000 ppm in the sulphide phase " ... this needs to be checked ?
Please comment ...
Cal2000