Zappa Resources ZPA vancouver Message Board

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Gold/Mining/Energy : Zappa Resources ZPA vancouver

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To: Walt who wrote (128)	12/31/1997 5:34:00 PM
From: dean poets	of 3198

Hi guys just another post with some of Zappa's real values in regaurds to the NSR. If you take todays metal prices of : GOLD $280.00/oz SILVER $6.00/OZ COPPER $0.75/POUND ZINC $0.50/POUND The way we came up with the $100.00/ton NSR for Zappa: By taking Zappa's average grades subtracting mining discount and figuring the net smelt return, you get the following values/ton Gold $43.55 Silver $8.67 Copper $22.50 Zinc $ 27.00 TOTALLING = $101.72/ton - $20.00(mining cost) = $80.00 net/ton This was using average grades of 5.8g/t Gold, 49g/t Silver, 3.0% Copper, and 7% Zinc. I hope I'm not boring everybody with all these numbers and NSR stuff, but it is really important. This company isn't a fraud, I know it might sound to good to be true all of the high grade results. Cambior is a major mining company on Toronto, and they don't salt results! Dean

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