Take it easy...he most likely got it right from the companies own PR from 11/23/10:
Nevada Rae Gold, Inc. - Summary
Nevada Rae Gold, Inc. ("NRG") owns and operates the Black Rock Canyon Mine. The information on this page is partly excerpted and summarized from a 43-101 technical report prepared in June 2010, and historical property reports, prepared for previous property owners, by Bharti Engineering ("Bharti") and Robertson Research ("Robertson"). The Bharti and Robertson reports are not 43-101 compliant. NRG has mining rights to a portion of the property covered in the Bharti and Robertson reports. The Company has identified a resource, in the lower Black Rock Canyon, and not including other areas under claim, of almost 1.2 million yards of gravels with an estimated gold grade of 0.5 grams per yard (grade based on a limited sample location). This resource is permitted and bonded and NRG plans to process up to 480,000 yards per year, for the first three years of operations, producing 6,000 to 12,000 ounces of gold per year. Following the first full year of normal operations NRG plans to expand the permitted area to cover more of its claims and plans to double the size of the screening plant in order to increase production into the 12,000 to 24,000 ounce range. The resource size indicated above is strictly limited to the area of Black Rock Canyon that NRG has studied sufficiently to identify in its 43-101. Future gold grade testing and seismic work will establish the size of the remaining resources at Black Rock Canyon, Tubs Springs, Mud Springs and other areas under NRG control.
