I guess I wasn't really clear. The average of the Lewis samples (0.011 oz/yard) is indeed less than half of the ore grade (0.025 oz/yard) that is claimed for 6.7 million tons of "ore". However, that is misleading. As spelled out in both the Jenkins and Southwest reports, most (90%) of the tonnage included in the 6.7 million tons is hibar (alluvial) material. The grade of the Lewis hibar samples is abyssmal. The report labels four samples as "hibars" and their average is 0.17 oz/yard, or roughly $8 a yard. You would quickly go broke trying to mine gravel to recover $8 in gold from a cubic yard.
But, all this would make little sense to the average GDSM poster - it's that darned geology and math again.... I don't mean to insult anybody in particular, but it has been said repeatedly on the GDSM board that they have no use for geology or anything else technical. This conversation wouldn't even be happening on GDSM, because my posts would get deleted under some pretense. If GDSM were smart, they'd release the Lewis report, play it up as being more evidence of a fabulous gold discovery, and very few would care enough to question it (as long as the pps goes up).
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