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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Mr Lockey who wrote (11901)4/7/1997 12:43:00 AM
From: R.M.C.   of 28369
 
When the big picture is evident and the total busang reserves are all counted, it seems to me that they will be at least 200 million ounces. From my past experience with gold explortaion, the drill sampling and assaying that is done, ESPECIALLY when there is a nugget effect, often underestimates the gold grade. So, hitch up yer britches and hang on!!!!!

Another thing, when gold bearing core samles are crushed, and milled prior to assaying, a common technique for cleaning the equipment is to purge it by running a silica based material like quartz through it. When the gold bearing core contains nuggets or is higher grade, some of the gold, because it is malleable, sticks to the crusher, etc, and the purging will remove it. Thus the original sample may very well have less gold in it when it is assayed. The overall grade of the deposit could then be underestimated.

I imagine that whoever is running the shaker on BXM has good geological advice re Busang.
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