Whilst popping in reading goings on I have been digging round as well for info on assays, grades, tools (not u
@specgoldbug ![Wink](styles/default/xenforo/clear.png)
) that might be handy to post up as fyi's and for my own slow learning on this side
Anyway, just playing around with this tool I found earlier to see how works or how relevant.
Snapshot & link below and maybe some of the drill gurus can test and let us know if even they think useful?
The idea is - from part webpage snip:
This calculator is a first pass tool for determining what might be ore and what might be waste. That determination (ore vs. waste) has enormous implications regarding the exploration potential (the size) and eventual value of a prospective property.
By knowing the average grade of the excluded material we can tell if the company has been pushing high grade assays into very low grade rock (smearing) or if the long interval is actually representative of the entire quoted drill interval.
Often news releases that announce drill results report a long interval grading “X” grams per tonne gold (or any metal) over “Y” meters. The Y interval may contain smaller, higher grade intervals within; this is generally indicated by a statement such as: “Including __ grams per tonne gold over ___ meters.” Although this is useful information it only tells half the story. We also need to know what the rest of the interval grades when the high grade intervals are excluded. Would the excluded interval make money (ore) or lose money (waste) if it were mined?
https://www.corebox.net/drill_interval_calculator
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