UMC 0.00% $1.30 united minerals corporation nl

what are others thoughts, page-31

  1. 13,182 Posts.
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    How'dy AP

    Should be this quarter.

    That's a very good and relevant point you raised Col. The rock chip samples should very much reflect the grades and impurities of what lies beneath them.

    I'm not a great fan of grab samples, however in the case of Fork North we can expect the mineralisation to commence at surface and for that reason it's a case of what you see is what you get!

    Extract from 26th March announcement:

    "Initial drilling.........targets that include outcropping Brockman Iron mineralisation at Fork North"

    Extract from the Goldsworthy report:

    "100Mt Inferred at +60% Fe Brockman high grade. P = .135"

    Only need to blend 50/50 of that .135% with the total Railway resource (P level .06%) to achieve .097% and walla, we get <.1% P.
 
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