BCN 3.85% 2.7¢ beacon minerals limited

jorc numbers, page-10

  1. 1,203 Posts.
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    TF.... its back in my old posts... i did a calculation on the ore bodie given the grades that we had recieved to date at that time and exstrapolated it out.

    My observations were, and still are that it looked like paleo channel style ore bodie due to its signature straight lines, shallow depth and basin control which i have mined in the past (no im not a geo)

    when i crunched the number back then it was a big number....so i did what any good geo would do.... I cut it right down to de-risk it) todate it still holds true..

    The other interesting thing with these types of ore bodies are that they are fed from somewhere close by (restransported deposit). I think the last round of soils may have identifed this to some extent IMO?.

    So i hold for the long term as these types of ore bodies hold super grades, are shallow in nature and worth bags of money due to cheap production.

    As a matter of interest the last one like this we did not find the feeder source... but the next guys did and its is now being mined and the deposit is big (old Higginsville ground)

    Cheers

    RT
 
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