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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Valuepro who wrote (60610)7/30/2008 9:40:12 PM
From: loantech  Read Replies (1) | Respond to of 78416
 
Hello VP,
I did see that and will try to post section of the web site data. Here is a bit from the Harbinger report:
<<The Golden Wonder Mine is a currently
producing mine, producing an average of 21,750
oz Au per year since January 2000 with an
average grade of ore of 16.23 oz/ton Au. In Q2-
06, the mine has produced 373.6 tons of ore
with an average grade of 28.02 oz/ton Au,
yielding 10,466 ounces of gold. Since modern
production began in 1998, the ore grade has
averaged 15.99 oz/ton Au, continuing a trend of
improving grade at depth. The Golden Wonder
Mine has six levels, and the current Operator has
systematically mined levels 3 through 6. Mining
has been concentrated on levels 4, 5 and 6 during
the past few years. Levels 2 and 3 are largely
historic workings. LKA’s Operator mined the
seventh level as an exploratory effort in 1998 to
probe for additional gold at depth. Ore mined
from level 7 contained an average grade of
18.87 oz/ton Au, well above the historic average
grade for the mine and higher than the average
grade over the past two years.>>


Level Gold (oz/t) Silver (oz/t)
Second 0.46 1.06
0.51 3.37
1.80 2.80
0.12 0.79
0.30 0.70
1.02 1.49
Third 0.49 1.00
1.00 4.30
0.56 8.14
0.10 4.06
0.73 3.37
2.20 2.16
Fourth 0.56 7.64
0.59 12.14
4.20 1.96
8.66 1.22
3.88 13.22
11.40 7.40
6.50 12.56
12.00 9.74
25.20 16.40
29.60 9.30
42.20 9.90


This table from the LKA publication shows the ounces increasing at depth as you mentioned.

RIC is drilling 5,000 meters from level 6,lateral, up (above) and down from level 6. Should be interesting.

You link tells the story though. Some good information there. Along with the large sample done to settle the lawsuit.

Here is a fun bit:
<The Golden Wonder mine was initially
discovered in the 1880’s when prospectors
uncovered a boulder at the base of a hill,
now known as “Gold Hill,” which assayed
at more than 1,000 ozs. of gold per ton!>

Let's see what the drill says.