It will have to be updated to achieve the proper funding.
Key assumptions, parameters, and methods used to prepare the historical mineral estimate:
1) 89 holes totaling 30,085 metres (m).
2) Raw assay data was composited to 2 metres, capped at 550 gptAg, 5.5 gptAu 6% Cu and interpolated into a block model using 5 m x 5 m x 5 m block size using inverse distance squared (ID2) methodology.3) Silver equivalency formula assumes Ag:Auis 50:1, Ag:Cuis 86:1, based on US$24/oz silver, US$1200/oz gold, US$3/lb copper and 100% metallurgical recovery.4) Mining by open-pit methods.5) Mining and process costs assumptions not specifically stated.
Do your research, take your position, turn off the noise.
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