InvestorsHub Logo
Followers 33
Posts 1496
Boards Moderated 0
Alias Born 12/06/2016

Re: No1Uknow post# 60

Sunday, 01/31/2021 3:53:37 PM

Sunday, January 31, 2021 3:53:37 PM

Post# of 110
This is the historical mineral estimate of the property.

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.