The triangles are interpreted 50m infill sites with some already drilled. The two magenta ones appeared in the last five days and gives a fairly complete 50x100(NS) coverage of the area. Since holes are probably drilled grid south it begins to equate to 50x50m within the yellow outline.
Back of the envelope calculations for this relatively small portion of Luni gives these figures which are, at best, indicative of what may be present. At worst an exercise in futility.
50m Infill area ONLY SQm AVERAGE THICKNESS m AREA 170000 5 10 15 20 30 VOLUME Cu M 850000 1700000 2550000 3400000 5100000 SG 2 1,700,000 3,400,000 5,100,000 6,800,000 10,200,000 TONNES Nb % 1 17,000 34,000 51,000 68,000 102,000 Nb tonnes 1.5 25,500 51,000 76,500 102,000 153,000 Nb tonnes 2 34,000 68,000 102,000 136,000 204,000 Nb tonnes 2.5 42,500 85,000 127,500 170,000 255,000 Nb tonnes
Obviously variations in thickness and grade that will come out in the MRE if the assays meet the cut date. Probably not all will for the maiden MRE.
This density of drilling should IMO give an indicated reserve and perhaps even higher.
Tidying up my data base a little. Complex and constantly changing. Interpretative in part.
Last 5 days with yellow showing areas of change/disturbance and or drilling.
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