KRR 4.55% 1.1¢ king river resources limited

Spike time, page-3

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    Just been doing some rough calculations on possibly how much gold KRC have found so far....
    Please keep in mind these are only my interpretations and not to be taken literally.
    I have worked this out as unbroken cubic metres (cu/m). Gold mines i have worked in, on average calculate 1cu/m of unblasted
    material equals 1.9t. Blasted material 2.2-2.3cum/t
    I have a 4g/t AU average from drilling results from the Trudi Vein, hopefully as a very conservative estimate as to not be seen to be over hyping our potential for the up coming official JORC.
    Going by the scissor hole diagram I see a minimum 50m strike length, 30m high x 10m wide. "Minimum".
    Therefore 30m/h x 50m/l x 10m/w = 15000cu/m. So far minimum.
    4g/t au x 1.9t per cu/m = 7.6g/au.
    So 15000cu/m x 7.6g/au = 114000 g/au
    114000g ÷ 28= 4071 oz/au.
    4071 x $1500aus/oz = $6,106,500 worth of gold drilled up SO FAR.
    I am not a mathematician and this is just an estimate of my interpretations.
    But hey $6 mil worth of gold not bad at all
    Considering this is a very conservative estimate.
    Please correct my calcs if you feel i have it wrong.
    Last edited by knotnauti: 15/12/17
 
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