SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Savanna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Colin who wrote (111)9/15/1998 11:29:00 AM
From: waldo  Read Replies (1) of 192
 
Hello Colin,

In a more favourable gold market,"2.3 ounces gold per ton across 3 M", would have a better effect on the price of SV. There appears to be gold all over the alluvials, in addition to high grade bedrock in at least 2 different locations 6 kilometres apart. The potential for several deposits in between seems quite likely.

All you need is 2 grams per tonne over 1/3 kilometre by 1/3 kilometre, and a depth of 40 metres, and you have a million ounce deposit.

Based upon these dimensions, Lawa may hold several million ounces. SV definitely has to continue exploring this project.

W
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext