Re: Anyone see any similarities?
in response to
by
posted on
Feb 12, 2012 07:35PM
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
http://www.morganstanleyindividual.com/Markets/IPOCenter/Prospectus/?DocID=p_KGCFO
This is Aurelian's total
FDN Deposit Inferred Mineral Resources. Look at the part where silver is convered to GOLD in AU. part 3 at bottom of figure 1.1
Thechart does not post well refer to link and figure 1.1
Table 1.1
FDN Deposit Inferred Mineral Resources
(1)(2)(4)
Au Ag Au Eq
(3)
Au Ag Au Eq
Grade Grade Grade Contained Contained Contained
Zone Tonnes (g/t) (g/t) (g/t) Ounces Ounces Ounces
FDN-1 31,600,000 7.43 13.7 7.65 7,548,600 13,918,700 7,773,500
FDN-2 15,500,000 7.31 10.6 7.48 3,642,800 5,282,400 3,728,100
FDN-3 1,000,000 12.36 9.9 12.53 397,400 318,300 403,000
FDN-4 10,800,000 6.05 8.2 6.18 2,100,700 2,847,300 2,147,000
Total 58,900,000 7.23 11.8 7.42 13,689,500 22,366,700 14,051,600
(l) Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may
be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.
(2) The quantity and grade of reported inferred resources in this estimation are conceptual in nature and there has been insufficient
exploration to define these inferred resources as an indicated or measured mineral resource. It is uncertain if further exploration will
result in upgrading them to an indicated or measured mineral resource category.
(3) Gold-equivalent ounces were calculated on the basis of $550/oz Au, $10/oz Ag, 90% gold recovery, 80% silver recovery which combine
for an Au Eq ratio of 61.9 g Ag = 1 g Au.
(4) The 2.3 g/t gold-equivalent cut-off grade utilized to report the resource was derived from a mining cost of $24/t, process cost of $11.50/t
and a G&A cost of $1.50/t which combine for an overall site cost of $37/
God Bless All (does this offend you?) I was told by a certain indivudual that it was not appropriatre for this board. I would like other opinions, please just send them to my PM TIA
Mr. Hobbes