Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU


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To: M. R. Ghaeli who wrote (355)3/27/1997 7:12:00 PM
From: Roman de Guzman of 4718
 
Well, if ANZ did not do any deep drilling the calculation of its resources would be based just as far down as the diamond drill went.
It is wrong to assume a certain depth with out having proven it. No geologists or engineers are going to tolerate such assumptions.
Calculation is based on the diameter of the hole, its depth, density of the sample, and the concentration of gold in the sample.
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