I have done a bit of a scaled calculation of the deposit so far and have the dimensions reasonably accurate. We start off with the drill hole sequence and spacings from the company announcement of 6th April 2018. So far my estimate is just for the area between section 6900 and 7100.
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Using trigonometry and right triangles we can work out the surface area of the section. The red holes are not reported yet but it seems likely to continue as the other.
Note disregard my calc for m3 on this page. Just use the m2
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Used 4 triangles A, B, C and D. Subract D off the calculation.
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OK did the math.
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For some reason it keeps rotating this pic 90*
I averaged both m2 from 6900 and 7000 and applied that for the 7100. This gives us just 210m width of a 5km run. This gives us the volume of pegmatite which I then multiplied by Li% in the pegmatite (as per the 2nd picture)
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This part Im not sure is accurate. Maybe you can help me with this Scarpa or possibly 8horse?
I then multiplied by the weight of Lithium per cubic centimetre converted to tonne
I'm not sure this is right way to do this but it seems logical.
Gives that 210m area in ground value of $19.598 Billion USD
PS: Haven't included the tin as yet.......
