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Re: Sirius_Fan post# 140493

Friday, 03/25/2011 12:23:57 AM

Friday, March 25, 2011 12:23:57 AM

Post# of 233287
Let me help you, the analogy was not mine, but the TREO are the kids... the example is TREO was a percentage...say 2% or $100,000 which was suppose to sound good... but then there were 10 children so the point was any one REE might not be enough to mine..ore each childs share would not be that much only $10,000 Fair Point. The Percentage of TREO depends on the percentage of what? percentage of the average ton, percentage of the total boring, percentage of the average lineal foot of boring, percentage of 5 random grinding of a core sample run through a machine.... The core is only 2" thick. And if its not completely random done by machine then the chance of the sample being influenced by the sampler exist.... so all the material in the core sample is tested and averaged.

My point is that the other 98% of the material might have some value, iron ore, copper and gold...the REE are the gravy...once the REE vein is located and defined some of the material may indeed be able to be graded by sight or location, and once ground up and milled and processed the other 98% of the material that is not TREO may in fact be easily processed out by seperation by gravity, acid, or floatation.... It all depends on the mineral makeup and TREO as a percentage might not be enough information to make a claim of successful operation or not... Compare the mineral types and the materials produced in the process, there are many factors to consider. If we have the minerals the JV's will come... check other mines that are running and do the comparisons...would not accept the figures that have been thrown out here...they are not based on complete information.

as for HC

http://apps1.gdr.nrcan.gc.ca/gsc_minerals/gquerycache/vms/DP/dp176.html

2.27 million metric tons ore; Combined with production?: no; Provisional entry?: no; Resource category: geological resource


Grade-commodity information:

Cu: 2.62 percent
Au: 1.34 grams/metric ton
Ag: 56 grams/metric ton

Before the claim was added too..... million metric tons....the tonnage arguement works....

Kens mountain is 8 Kilometers by 13 Kilometers RickUK had done some math...about the tonnage...do your own DD