ARP - V Argentina Gold Message Board

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Gold/Mining/Energy : ARP - V Argentina Gold

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To: Elizabeth Andrews who wrote (1045)	11/4/1998 4:38:00 PM
From: Bill Jackson	Read Replies (2) of 3282

Elizabeth, for a simple back of the envelope calculation I made a square 500 meters on a side with a thickness of 200 meters. now 500 x 500 x 200= 50,000,000 cubic meters and the rock has a specific gravity of 2.7 and thus a cubic meter holds 2.7 metric tons or 3.24 short tons. This equals 162,000,000 short tons of rock. If we have a grade totalling .075 oz per ton(silver and gold) we end up with 12.15 million ounces. The assays seem to indicate that some areas are above that .075 and some are below?? In addition they are still expanding the area. Newmont is extra hot on this so some hyperbole is appropriate and this could be even bigger than I speculate. I doubt that we have a BRE-X here, it looks like a real elephant sized deposit. Bill

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