"but it seems clear they did want to test the carbon-bearing rock. Even though it is only a maximum of 6% of the volume of mineralization down to 175m, the carbonaceous rock generally does occur in the horizon that tends to give the best grades, and could represent enough ounces that it is worth figuring out what they are dealing with, so from that point of view, the testing was important", it could be 6% of the stratigraphy, but could represent 50% of the resource.
"Barb informs me that it is because they believe the average grade of Luicho is not going to be 'high' grade. Yes, they do have higher grade sections, fairly substantial ones at that, and yes, they will also be tested, but as a first round, they wanted to test material at the lower grade range so that we would know what the bottom line is", BULL. Then why mix the grade ranges when reporting the chip samples? This could show that the true representative grade if you take the high grade out, could be less then a gram. Therefore NOT ECONOMIC. |
