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Re: None

Friday, 04/29/2011 6:44:31 PM

Friday, April 29, 2011 6:44:31 PM

Post# of 83081
Perhaps if the other 2 dredges were just averaging the 1 gram per ton as estimated and the Zimmi location had a significant larger percentage of gold per ton it would only be logical to move the 2 other dredges to the above average gold per ton location. Considering the limited dry season it is time get the gold while we can. It can be processed at a later date.
All In MY Humble Opinion. You gotta love a sweet honey hole!!!!!

GO SGCP
From Previous Field Report

2.Projected gold and diamond extraction numbers are based on testing and equipment currently on site in Sierra Leone. The projections shown below do not include rainy season operations and assumes 180 days of a potential 180 to 210 day dry (mining) season and 6 hours of a 6 to 8 hour operational day. Evaluation of our first rainy season operations has not been completed therefore projection numbers are not available. It is my belief that conservative numbers must be used in any projection formula and is the reason why these numbers below were chosen:

A) Four dredges at 25 TPH = 100 Tons per hour
B) 100 TPH x 6 hours per day = 600 Tons per day
C) 600 Tons per day x 180 days = 108,000 tons
D) 108,000 tons @ 1 gram of gold per ton = 108,000 grams
E) 108,000 tons @ .25 carat of diamonds per ton = 27,000 carats in diamonds