GNM 7.14% 1.5¢ great northern minerals limited

Ann: Maiden Gold Resource at Golden Cup, page-4

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  1. 5,298 Posts.
    lightbulb Created with Sketch. 1643
    Error in announcement Table 1 ?

    How does 259,000 tonn at 0.75g/t result in 29,000 ounce (29,000 × 28g)?!?!

    a simple calculation tells me only 7,000 ounce.

    FYI, i have seen compsnies including GPP talk about drilling and sample results of exceptional quantity, capital raise as many times as tget can, then the mine wuantity is not worth the peck or the shovel.

    OGX, another example. At some point they said the results was so great they had to construct not one but two production lines and asked money through CR to that level, then they mined a total of 8kg of gold before abandoning and moving on to the next CR cash cow.
 
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