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Gold/Mining/Energy : Winspear Resources
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To: E. Charters who wrote (6181)6/23/1998 9:03:00 AM
From: Chris A.  Read Replies (4) of 26850
 
Hi Eric,

Here's the info for estimating a 10 million + ton resource:

1000 meters along strong, average width of 2.47 meters, 2,000 meters down dip = 4,940,000 cubic meters (1000 * 2000 * 2.47)

Density of kimberlite is 2.2 tons/cubic meter. Therefore...

4,940,000 * 2.2 = 10.8 million tons of kimberlite in the fissure

Now lets go one step further with this...

* Dyke is still open in both directions and along strike and down dip.

* If they can get at least 500 more meters of fissure in both directions, tonnage will double.

15 million tons is not unreasonable. Abers 154 pipe has 11 million tons and is under water.

Also the 200 ton bulk sample were taken 250 meters apart. We've seen good distribution of the counts.

These are my speculative comments from what we can infer so far. But I'm convinced enough to keep my hard earned dollars here and even buy a little more. This story is really just begining to be told.

Thanks for your input,

Chris A.
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