Just read through the recent quaterly activity report and the original program for Balatindi was 1,500m. At the time of the report a total of 3,381m had been drilled, hole # 10 was at 407m and drilling ahead likely towards 500m like hole 3 and 9. Total drilled meters is likely around 3,450m
The program has ended up being 130% bigger than planned, obviously we should have expected a delay in results, further compunding the delay is drilling bewteen 200m and 500m, obviously the deeper we go the slower it gets, 130% as much core to spilt and cut, 130% more core to truck and sample. The delay has been is plain to see.
I think that the delay is a wonderful problem to have, essentialy the mineralisation for Balatindi has more than doubled, BYR was drilling into continuous sulphidc(gold)/copper/magnetite mineralisation in ALL holes from surface, what a horrible problem to have..LOL
Lets do the math, 500m X 400m (surface area) X 350m average depth drill hole = 70 million BCM(bench cubic meters, a bench cubic meter is instu rock/material) X close to 2 tonne per cunbic meter for sulphide rock = aprox 140 million Tonnes of mineralisation.
What ever the gold/silver grades are + base metals if you multiply the above tonnage we are looking at a massive inground value, potentialy a world class resource at Balatindi, this is why PRU is right on our tail! This is why PRU have appointed a board member and this is why the chairman bought more BYR on the market.
Tman and Penguins, we are all on the same team and both of you have added great depth to this thread.
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