Monday, February 24, 2003 12:50:48 AM
"i have no idea how National Instrument 43-101 would apply to small bulk samples such as this, but i suspect to satisfy it you'd need some bang-up detailed documentation on a methodical pattern of sites on the property, and probably yes some big-bore drilling to get furnish to run through the concentrator in order to accurately determine grade at various depths"
Myng intends to drill into the bottom of a "mountain", and use block caving to obtain the ore (at least at some locations). Once they have done this for a few years and at several locations, and pull ore from many depth's, they will have done the sampling. If they obtain gold in a certain % that they can sell at a given alloy---that in my opinion is as good as all the testing in a lab that could be done by National Instrument to small bulk samples.
If at that point they have pulled "real" samples from all the locations that the SEC would require, than that in my opinion is totally valid to determine the actual total amount of the resource. That is my argument.
Terry
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