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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE)
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To: Dan P who wrote (859)4/17/2000 3:05:00 PM
From: Claude Cormier  Read Replies (1) of 1321
 
<<strike length: 600 ft, width 250 ft, and depth 250 ft,
equates to about 3.4 million tons. At an average grade
of 0.3 oz/t, this would be almost 1 million ounces.>>

I agree that it is early to make these calculations but it is still fun.

I come up with less on the size but more on the grade.

Av. Grade: .32 opt

Strike: 450 feet as the two extreme holes to the NW (#8) and SE (#13) are 400 feet apart.

Width: 135 feet as it is the average of the intercepts. I think it is probably smaller as the intercepts didn't represent true width being drilled at angles.

Depth: 200 feet until we know #9. Remember hole #11 didn't hit much... still it may not have been drill deep enough.

So that makes a little more than 1M tons good for 330,000 ounces. That is a mimimum, I think.

Holes 14-17 will tell us more on the possible strike.

CC
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