Fancamp Exploration

Highly prospective exploration company McFauld's Lake: very significant Nickel & Chromite mineralization - Magpie Property: World class Titaniferous Magnetite deposit.
in response to meadow hen's message

FNC transferred hard-rock (motherlode) gold claims to UBR. UBR had existing paleo-alluvial (placer) claims in the Beauce that may have originated on or about the FNC claims. To date, there has been nothing to connect the one with the other, from an evidentiary basis.

I'm familiar with the technology rago is promoting, but it simply does not apply to the Beauce deposits. Moreover, the claimed $100/oz costs are deposit specific. If the recovered ounces are zero, the cost is infinite, right?

It is virtually impossible to develop a resource estimate for placer deposits because their grades are so variable in all three dimensions. You could sample them sufficiently to develop a resource, but you might just as well have mined them, when you take into account the expense of grade estimation. Truly, that's how you assess the grade of an alluvial/placer deposit. You mine it, and hope you made money.

Lar

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hoov
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Millbrook ON
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Fancamp Exploration
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