Barkerville Gold Mines Ltd

The Company sampled three trenches, which totaled 55 meters long, to provide metallurgical and ore zone data for oxidized mineralization at bedrock. The trenches ranged from 5.5 to 11.3 metres wide at the toe and were from 4.6 to 6.1 metres deep.
in response to hoov's message

Just to focus on a single criticism, the CIM commentator said:

"If you take all of that composite data, and put it into excel, and not even include the -1s, and just do an average, I get 0.085 oz. per ton. You can’t get a higher value than your data,” Kirkham said. He thinks George might have given higher-grade samples a higher weight, but as with elsewhere in the report, there is a lack of information about methodology," which he compared to the reported average grade of 0.116 oz per short ton.

That's a discrepancy of over 26%, whereas rounding errors should only yield a discrepancy of no more than 1-2%.

With big problems like these, I anticipate big changes in the resource. Specifically, a big reduction.

Lar

Please login to post a reply
hoov
City
Millbrook ON
Rank
President
Activity Points
54560
Rating
Your Rating
Date Joined
06/14/2008
Social Links
Private Message
Barkerville Gold Mines Ltd
Symbol
BGM
Exchange
TSX-V
Shares
227.44M
Industry
Metals & Minerals
Create a Post