Reported aircore and RC drilling place constraints, within limits, on possible economic mineralisation at Aileron. So far 3 areas with sufficient drill density and results to do some calculations. Hurley too early for such estimates IMO.
Methodology Using 50% of distance around grade and along strike enables a rough estimation of the area that is potentially mineralised. Combine with sections, available down hole assays, projections, dips and a rough, back of the envelope, volume estimate can be made. Emphasis on the word rough. WA1's MRE gave a range of SG's from 1.5 to 1.8 for the weathered ground at Luni. I have used the approx. mid point, 1.7. to convert volume to tonnes.
Google earth polygon gives the area within the red outlines below that are base on sections above (previous posts) and historical announcements E.G. Emily
Emily
Green Probably a north and south zone with lots of grade/thickness variations and gaps. Crean
Breaking the three significant known areas down along grade and continuity lines:
AREA
HOLES/LINES
AREA SQm
THICK
SG 1.7
TONNES
GRADE
1
GREEN 1
489 500
45000
10
1.7
765,000
4
2
GREEN 2
432323
67000
4
1.7
455,600
2
3
GREEN 3
Z2 L4-7
150000
10
1.7
2,550,000
2
4
GREEN 4
340
20000
20
1.7
680,000
1
5
GREEN 5
Z1 510 362 530
60000
10
1.7
1,020,000
1.5
6
7
5,470,600
2.06
8
9
EMILY
200000
15
1.7
5,100,000
2
10
11
12
13
CREAN W1
30000
25
1.7
1,275,000
2
14
CREAN W2
40000
15
1.7
1,020,000
1
15
CREAN E
30000
10
1.7
510,000
1
16
17
2,805,000
1.45
Weighted average for total tonnes.
Overall summary
AREA
TONNES
GRADE
1
EMILY
5,100,000
2.00
2
GREEN
5,470,600
2.06
3
CREAN
2,805,000
1.45
4
5
TOTAL
13,375,600
1.91
Say: c15 Mt @ 2% for an order of magnitude estimate of the higher grade portions of known ENR drilling to date. In this location these zones are not likely to be stand alone deposits. They will IMO need either larger discoveries on ENR ground or some form of tie up with WA1's Luni.
OK but scattered across multiple thin ribbons of mineralisation.
Gives some rough figures to add to comments by @ozblue (extremely rough DYOR). Also his comments about how ENR's discoveries could fit into the Luni equation are probably reasonable - Back burner for ENR for many years while super high grade is making gravy -perhaps... A lot can happen and the area is very fertile.
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