GB88 -these latest reserve calculations are indeed excellent news.
The EXL shares that you picked up should provide a many fold return
over the months and years ahead. I am still in shock after seeing the
numbers for the geological potential of this deposit. These numbers
are simply huge for this pair of undervalued producers. I would have
to imagine that when the size and grade of this deposit starts to sink
in with those following the jr. miners that a few heads will indeed be
turned. EXL and GME should get about the business of resolving this
dispute .. there certainly appears to be enough gold to go around.
Many were hoping this thing could approach the 1 million ounce ranges.
The prospects of 2 million plus with several newly discovered zones
not included certainly tops my best dreams.
Apparently something happened to the alignment of the reserve numbers
when you posted .. so hope you don't mind the repeat below.
Evaluation Geological Potential
m Down Tonnes g/t Au oz
Crown Pillar - - -
0 - 120 - - -
120 - 250 1,600,000 8.5 437,299
Below 250 2,000,000 8.5 546,624
60-250 2,000,000 8.5 546,624
TOTAL 5,600,000 8.5 1,530,547
Evaluation Resources (Meas/Ind/Inf)
m Down Tonnes g/t Au oz
Crown Pillar 13,147 4.80 2,028
0 - 120 220,114 6.68 47,271
120 - 250 299,458 9.72 93,590
Below 250 46,975 12.21 18,449
60-250 - - -
TOTAL 579,694 8.66 161,337
Mineable Reserves
Evaluation (Proven/Prob/Poss)
m Down Tonnes g/t Au oz
Crown Pillar 48,254 14.38 22,316
0 - 120 849,871 9.88 270,062
120 - 250 354,618 9.61 109,563
Below 250 - - -
60 - 250 - - -
TOTAL 1,252,743 9.98 401,941
Evaluation Total All Categories
m Down Tonnes g/t Au oz
Crown Pillar 61,401 12.33 24,344
0 - 120 1,069 9.22 317,333
120 - 250 2,254,076 8.84 640,452
Below 250 2,046,975 8.59 565,073
60 - 250 200,000,000 8.50 546,624
TOTAL 7,432,437 8.76 2,093,825 |
