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https://www.newswire.ca/news-releases/azimuth-consolidates-land-p...

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kojak78

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05/12/18

17:55

Post #: 36762031
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Originally posted by triage: ↑

That's very informative, thanks kojak. I see your "simple interpolation ... based on very very weak data" comes up with an average grade of 18 g/t. which seems remarkably high compared to other open pit operations I've read about that are described as having "high grade ore" with less than 6g/t gold. However I notice that in the AGM presentation at one point they refer to an old pit to the west of Ohio Creek, the Nine Mile Pit, which was mined from 1987 to 1990 and produced about 71,000 oz at an average grade of 18.6g/t of gold. They say the area around the Nine Mile Pit, which is called Honey Camp, is similar to their Ohio Creek prospect (in both having "flat veins"). So for them to be able to develop an open cut operation at Ohio Creek that delivers around 18g/t would not be a total outlier for that area.

By the way, my impression is that Honey Camp and the Nine Mile Pit are not in Troy's tenements.

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https://www.newswire.ca/news-releases/azimuth-consolidates-land-position-in-guyana-510775301.html

TRY Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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