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21/08/16
19:03
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Originally posted by sharemadder
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So BYR will start drilling early September the Kebigada Shear Zone, to determine maiden inferred resource.
Kebigada Shear Zone
A 7,500m RC infill drilling programme has been planned at Kebigada and is expected to deliver a maiden inferred mineral resource by end of 2016 or early 2017. Current drilling which is on lines spaced 200-300m apart will be reduced to lines spaced at every 100m over the target area where gold mineralisation has been defined over 1,400m x 400m from surface to depths exceeding 250m. Drilling will commence in early September.
Can anyone give a quick calculation on the possible ounces of gold that may be declared after drill program?
The mineralised zone is defined by a area of 1400m x 400m x 250m.
Given such a large area surely it must be possible that several million ounces of gold will be in order. Even at 55% project ownership it sounds like it will be pretty good.
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cut long story in short, it will be 3-5 million ounce.