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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: Donald McRobb who wrote (21934)6/25/1999 2:46:00 PM
From: SwampDogg  Read Replies (1) | Respond to of 26850
 
"Drilling indicates that the dyke extends 2 km in a northerly trending direction.."

Does anybody know how far the end of the dyke would be from the DSP property?



To: Donald McRobb who wrote (21934)6/25/1999 2:58:00 PM
From: teevee  Respond to of 26850
 
Donald,

"""Drilling indicates that the dyke extends 2 km in a
northerly trending direction, 2.5 km downdip, and has an average thickness of about 2.5 metres. Based on these projections,
David James, a mining analyst with Canaccord Capital, estimates that a dimension of 1,000 by 1,000 by 2.3 metres would
generate a geological resource in the order of 8-10 million tonnes of kimberlite.""""

If David James estimates about 8-10 million tonnes for 1 square kilometer, does an area determined by drilling at 2 km x 2.5 kilometers, or about 5 square kilometers(averaging 2.5 meters thick), suggest that there is between 40 -50 million tonnes? Is it reasonable to extrapolate?
Is this where the rumor of the 40-50 million tonnes estimate has been generated from?....those analysts can be pretty slick promoters from time to time eh?.....maybe its not a rumor....the numbers seem pretty solid if you accept James estimate.......
regards,
teevee