BIG burrendong minerals limited - withdrawn

amayapampa npv anyone?, page-18

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 8,259 Posts.
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    Let's put it this way aurumasx there is ongoing work at Amayapampa.
    They have a starting point based on previous work that has been done by Vista and Luzon/Republic.
    That starting point has been revised upward on a number of occasions and will be again soon.

    The investigation recently carried out by Neb Zurcik has identified that there is greater potential yet so your exercise is probably a bit of a red herring and any back of the envelope workings we can do at the moment are really immaterial in the long run.

    I would refer you to the announcement on the 25th March where this was said:
    "Update on Amayapampa Issues
    The Project is a well advanced gold project that has had extensive feasibility studies conducted upon it
    based on a gold price of US$375/oz. Vista Gold completed the last study in February 2000 showing that
    the Project was marginally economically feasible. Now that the price of gold is in excess of US$900/oz the
    Company expects to be able to generate a significant cash flow from the Project."

    Also data provided in a chart about last page of announcement :
    Amayapampa Mineral Resource Statement
    MEASURED INDICATED INFERRED TOTAL
    TONNES GRADE TONNES GRADE TONNES GRADE TONNES GRADE GOLD
    ('000) Au g/t ('000) Au g/t ('000) Au g/t ('000) Au g/t Ounces
    AMAYAPAMPA 1,2 4,390 1.7 10,400 1.3 11,400 1.1 26,190 1.3 1,084,000

    Which of course does not letme copy it very well so you will need to go the source to put the figures in the right places.
    The key things I guess are that at that stage they had
    Measured : 4,390,000 at 1.7 Au g/t
    Indicated:10,400,000 at 1.3 Au g/t
    Inferred :11,400,000 at 1.1 Au g/t

    Now I just can't find for the moment the item about the intended production rate. Will track it down shortly.
 
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