STHC - Great Post!
So I ran some numbers... by all means this post most certainly will be an over estimate. We have not received and won't see a full ni-43-101 mineral report or results from the fire Assay until discharge from the courts. However I did find the following information on Ameca's website but I did want to point out a major disclaimer before I continued. This information could be a rare result from their samples and it could be the only sample tested that had gold. But if its not these are some fun numbers of what we could have:
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Data I am Pulling From Ameca's website:
Analysis of AMECA's initial drilling indicated the presence of gold. In fact, XRF testing revealed an average gold concentration of 7 g/tonne. XRF (X-ray fluorescence) is a non-destructive analytical technique used to determine the elemental composition of materials including gold and platinum.
Low grade graphite: Ore in Tonnes:3,685,500
High grade graphite: Ore in Tonnes:13,702,500
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My Numbers:
Total graphite Ore: LGG(3,685,500) + HGG(13,702,500)=17,388,000 Tonnes of ore
From XRF teating: Average Gold Concentration is 7g/Tonne:
*Total gold: 7gAu x 17,388,000 Tonnes =121,716,000 g Au
Au in grams to troy ounces ( 1 troy ounce = 0.0321507 g): 121,716,000 x 0.0321507 = 3,913,254.601 troy ounces Au
Gold Price USD: $1788 Nov 27, 2020
*Ameca Gold Value: $1788 x 3,913,254.601 = $6,996,899,227
*Possibly 7 billion USD worth of gold inside our 4.4 billion graphite pile.
*Once again these numbers are most likely an exaggeration of what they really have but I did it for fun from data I collected from Ameca's website. The 7g average could be taken from the only sample they found with gold. We will know more once they release the fire assay results and mineral report after discharge.
GLTA
