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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: mineman who wrote (2044)3/21/1999 12:26:00 PM
From: Midas   of 5821
 
Mineman and Gary:

I suggested using an S.G. value of 3.2 because the rock density should be about 3.0. If you then allow for 10% sulfides throughout the zone (5% can be accounted for by redistributing 3m of massive sulfide over 60 m, the other 5% from low grade mineralization in the other 57m) with a S.G. of 4.6, you get an overall S.G. of 3.2. Using the correct S.G. value can be critical to determining the viability of a mine (recall the Canamax deposit in the Yukon) but will be nearly irrelevant if the massive part of the zone doubles in width in the next few holes.

Midas
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