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Gold/Mining/Energy : MPVIF Mountain Province Mining -- Ignore unavailable to you. Want to Upgrade?


To: MJB who wrote (1114)7/29/1998 3:28:00 PM
From: Tomato  Read Replies (1) | Respond to of 2577
 
Possible 1000 meter width by probable 2100 meter length by 2.47 meter thickness times 2.5 (specific gravity of kimberlite) gets you over 10 million tonnes of kimberlite. If you look at the NRs and WSP thread, you'll see some different numbers bandied about for width and length. The fact that the strike is open in 2 directions makes me optimistic that 10 million tonnes or more might very well be there. Minimum size of the dyke is 500 meters by 1000 meters; odds are it's at least 500 by 2100; possible it's 1000 by 2100 or larger. Somewhere I remember seeing a 800 ft. width figure, but I can't find it in the NRs. If you want to look at the NRs, try:
winspear.com

I figure the stock is worth roughly a dollar for each million tonnes of kimberlite.

The summer program won't be able to drill into the lake, so one will probably have to wait until the Winter drill program to know the true dimensions.