IVR 4.88% 4.3¢ investigator resources ltd

CCU is good comparison For example CCU indicated and inferred...

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    CCU is good comparison

    For example CCU indicated and inferred resource (Ag only) as at resource upgrade

    Indicated
    16MT @ 58g/t for 928Mg or 30M Oz
    Inferred
    14MT @ 46g/t for 644Mg or 20M Oz

    Total resource = 50M Oz

    (using Troy Oz - approx 31.1g)

    Now if we substitute in a higher grade that we would reasonably expect from IVR with the same tonnage of resource for an theoretical JORC

    16MT @ 125g/t for 2000Mg or 64.3M Oz
    and
    14MT @ 95g/t for 1330Mg or 42.8M Oz

    Total resource = 107.1 M Oz
    not including lead, copper & gold if any

    assuming 1. that IVR have the tonnage and 2. that IVR will have a much higher grade resource..

    of course this is a broad comparison and does not suggest that this is what IVR jorc will be.. but i think that it paints a picture

    cheers
 
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