RMS 1.56% $1.95 ramelius resources limited

pure gold, page-26

  1. 245 Posts.
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    Lets look at the cut grades of intervals from holes 289 and 290 recently announced. These holes have been cut to 100g/t gold.

    Hole 289 - 16m @ 41g/t Au (cut)
    Total Gram/metre of gold in interval = 16metres X 41grams = 656grams
    Subtract cut interval for 6770g/t Au interval = 656grams - 100grams = 556grams (over remaining 15metres)
    resulting in the remaining 15 metres at 556/15 g/t gold -15m @ 37g/t Au (cut).

    Hole 290 - 9m @ 39g/t Au (cut)
    Total Gram/metre of gold in interval = 9metres X 39grams = 324grams
    Subtract cut interval for 3687g/t Au interval = 324grams - 100grams = 224grams (over remaining 8 metres)
    resulting in the remaining 8 metres at 224/8 g/t gold
    8m @ 28g/t Au (cut).

    It is obvious that even without these larger grades the intervals look very very attractive. There is plenty more meat left on those bones, (Sorry for the one liner).

    I can work this out for previous interval from first announcement (48m @ 37g/t Au (cut) – Hole 226) but all grades have been included for this hole in this announcement for each metre within the interval. If RMS still need to drill down dip and plunge then this maybe the tip of the iceberg.

    My thoughts only - please check numbers - I have twice, but I am human - just trying to diffuse these posts implying that the intervals are based on one metre of exceptionally large grades.
 
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