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Re: sagan post# 2006

Wednesday, 06/25/2008 7:03:18 PM

Wednesday, June 25, 2008 7:03:18 PM

Post# of 83184
Ok, so reviewing over some info I am confused.... In their News they state Manke and Mahdi geologic report showed 936000 ounces, and this did not include bulk sampling at the bottom of the river. However, the report does take into account gold at the bottom of this river, well the Pampana channel at least. In which a 1950 dredged section gave an amount of 0.811gm/m^3 in which taken the gravel volume of the river of 1.2mil m^3 would be 936000gm or 31,293oz of gold in the river. So they would have to do a lot of dredging to get the small amounts of gold.

Also from what I had read the 3oz/ton is for a hard rock formation/vein and not the river, which from the info above is much much less than 3oz/ton. So maybe it is only 400-500%.

So then as you guys described there's the thing of the dredging equipment as a new purchase. And now that I think about it their older purchase was for small portable units and from the pictures of the units they're not something for dredging but (as they stated) for alluvial, sand, gravels, etc.

I don't know the more I think about it, I just get confused... haha. Thoughts anyone??