St. Elias Mines

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Re: holes 7-8, again

St. Elias Mines

over 12 years ago

in response to BOW2U's message

Ha HA, wanna know the funniest thing? I just averaged the gold grades reported in that core, hole #7 , from 15m to 215m and come up with an average grade of .29 g/t. Whereas drill cores can easily only represent a third of what the mineable grade could be, that could make it possible for the mill grade to be around .9 g/t. If I do the same with hole #8, I get .14 g/t over 180m. But, if I multiply that by 3 because of the drill distortion that may occur, we are up to .42 g/t

There is so much info to come yet from the cores, that it is hard to say what we may have, but it still looks like it may be possible to have economical grades for an open pit in the Canchete Zone.

IMO