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1.3¢ bassari resources limited

Ann: Makabingui Gold Project Update, page-6

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Wil

1,136 Posts.

40

09/01/20

16:52

Post #: 42306279
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Originally posted by Midnight26: ↑

Infill GC drilling on a high grade ore reserve you'd bloody well hope so. Instead of listing a bunch of drilling intersections they should be showing the drilling with the resource model to validate the model. It's not an exploration project any more.

Infill drilling is really good at destroying ounces, although the high grades mean that any miscalculations won't cause too much grief.

Since they haven't made an effort to validate the model, if I was holding I'd be doing it myself, comparing the new sections against the old ones, checking to see if any hanging wall lodes have disappeared, etc...

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Midnight 26
A sensible post
mining engineer, or economic geologist, or just a careful intelligent investor?

Your pit design is useful.

How deep do you estimate that the final pit can go without the stopes collapsing, or the overburden becoming do great to economically extract the ore without having to go underground to mine the ore shown at the left hand base of your diagram?

BSR Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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