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Re: gaboolu post# 10347

Thursday, 11/04/2010 9:15:35 PM

Thursday, November 04, 2010 9:15:35 PM

Post# of 66758
Interpreting drill results

"When analyzing the data from a single drill hole, there is a limited amount of information that can be ascertained about a resource. If the hole intersects for example, 3 oz per ton of gold over 10 feet, it is very impressive but doesn’t give any idea of the amount of total resource of gold present in the system. Why because the drill cut through the vein and we don’t know the angle of the dip of the vein, which along with the angle of the hole, and the width of the intersection, we can calculate the true width of the vein. Moreover, we have no clue of the horizontal or vertical extent of the vein system. The vein could run for a mile or more horizontally and thousands of feet in depth or the driller could have gotten very lucky and hit a small isolated pod of mineralization. In any case, this one drill intersection, while exciting, does little to give an idea of the size of the deposit."

You see there that there is a reference to 3 oz per ton gold over 10 feet, which is very impressive. The problem with the PR is that it does not give any information about how wide the vein is. Therefore the information has limited value.