There have been a few recent posts by some of the Geos and other knowledgeable members on the importance of Cu-Au porphyry deposits. The emphasis has been on how low grades don't matter when you have high tonnage.
I thought I'd do up a table to make it simple to work out the gold resource in troy ounces when you know the tonnage and grade. Note this is gold only - I've left the copper out so it's not an Au equivalent grade.
Across the top are the gold grades in g/t and down the side are the ore tonnages (in millions of tons). I've made the steps fairly large as the table would be too big if I went up in steps of 0.02 g/t say.
I'll use the example of the imaginary rectangular block of ore beneath drill pad 2 that I drew in this thread.
Let's just round it to 280Mt contained in that block. Checking the table you can see that even at a low 0.20 g/t average Au grade, that section alone would contain more than 1.8 Moz of gold.
What will the eventual size of the mineralised orebody be I wonder? What grades will we get?
I can redo the table to show tonnages greater than 1 billion if (when) required.
I hope some of you may find it useful.
- Forums
- ASX - By Stock
- LNR
- au porphyry resource table
au porphyry resource table
-
- There are more pages in this discussion • 128 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LNR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $7.331M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $1.309K | 436.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
57 | 58833819 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 10240608 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
56 | 58258819 | 0.003 |
34 | 34923444 | 0.002 |
8 | 60790000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 10240608 | 9 |
0.005 | 15908499 | 26 |
0.006 | 15507872 | 14 |
0.007 | 9286878 | 12 |
0.008 | 4901777 | 6 |
Last trade - 13.29pm 24/06/2024 (20 minute delay) ? |
Featured News
LNR (ASX) Chart |