DRE 0.00% 2.2¢ dreadnought resources ltd

So after looking at again I've concluded I was way to...

  1. 582 Posts.
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    So after looking at again I've concluded I was way to conservative. I found another hour late tonight to do it properly. I then did a quick and dirty kriged estimation in 1x1x1 blocks and generated a grade tonnage curve off that.

    Again, this is back of the napkin by a random guy on the internet. This is not meant to predict what will be reported, but to take a stab at using the data provided. ***There is still a lot more assays to be returned, and I've still assumed the remaining holes are barren*** Also, the data provided is not adequate for any serious estimation attempt, so this is rally all just for fun.

    Currently, with roughly 80 of 120 holes returned from the lab, I'm estimating about 9.5mt @ 0.3% TREO cutoff with a average grade of about 1.1% TREO of inffered resource MAY be defined. Notably, there appears to be a lot of high grade TREO, especially in the north.

    https://hotcopper.com.au/data/attachments/4748/4748500-8cb20518285fdd96913c01afaf752c92.jpg
    https://hotcopper.com.au/data/attachments/4748/4748504-d6ee51a165eae765e094ec47a22a663c.jpg

    https://hotcopper.com.au/data/attachments/4748/4748506-96086322258ac2fbd1f6671476252ce5.jpg

    This could be 12-15mt at 1% quite easily once the remining ~40 holes are returned. I will try to update this model with that data at that time if I can.



    Last edited by kduvey: 13/10/22
 
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