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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (28835)	10/10/2002 9:17:02 PM
From: ge-believer	Read Replies (1) \| Respond to of 34075

"Have you tried to evaluate the number of samples needed...?" No, but as you say, it depends a lot on the uniformity of the grades found, and their values, of course. The average assay results from the first 50 samples of Guido's 1998 study are online. They produce an average grade of 2.46gm/m3, with the lowest grade being .68, which is still well above the expected cut-off grade. The later PR said that Guido had assumed only 30-40% of the indicated ore block, in order to be conservative. I assume that these factors have the effect of greatly reducing the required number of samples. Someone well-versed in statistics should know--someone lke Guido, who also happens to be a mathematician.