III 0.00% 10.0¢ icon resources ltd

excellence in mining suggesting $2.00 sept08, page-8

  1. 1,411 Posts.
    Hi aurumasx
    lol
    It's not 1.9MT WO3 that Icon are looking at - you have confused that figure with the ore containing the % of WO3.
    For example:-
    Using Icon's figures,

    The tailings contain 1.6MT of material grading 0.11% WO3 = 1760T WO3

    The open pit contains 1.05MT of material grading 0.1% WO3 = 1050T WO3

    Beneath open pit contains 9.6MT of material grading 0.2% WO3 = 19200T

    Of course these estimates are exactly that - estimates. They need to be verified, which is what Polymetals are doing at the moment with the tailings and further drilling in and around the pit may confirm
 
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