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

To: saul mikaliukas who wrote (1988)	4/25/1998 7:49:00 PM
From: john mcknight	Read Replies (1) \| Respond to of 2378

Hi Saul et al Thankyou for the kind words , now that we have figures I've done a few calculations The average of 41 0f the rock samples equals 1.21g/ton or 0.038oz/ton the reason I use 41 samples being that I discounted the top sample 49.85g/ton and the bottom sample 0.01g/ton this is because the top one is so far above and would distort the average However if you add them back in the 43 samples average2.31g/ton or 0.074 oz/ton now I am no expert but if you go to Bet Your Assay thread here on SI you will find in posting #314 some interesting data that is that open pit can be and is profitable at 0.015oz/ton and 0.02 oz/ton to be certain , Int Canalaska has a positive feasability at 0.022oz/ton ,so I would agree Saul we have a Gold property that looks very feasible however I suppose there is still a lot of work to do, and what I have put forward may be simplistic ,I will welcome analysis from others who may be a lot more knowledgable than I Regards John