get out the calculators again... my revised estimate is now
11 kms strike 4-5 metres width and open at depth ...say 12 metres.
1 cu metre quartz = 2643kgs
there are 11 kms of strike vein is 4 metres wide depth unknown say 12m
So using these dimensions 11000 x 4 x 12 = 528,000 cu. metres quartz rock 528,000 x 2643kgs (2.643 tonnes) = 1,395,504 tonnes material 1,395,504 X 12.3 grams = 17,164,699 grams 17,164,699 / 31.1 = 551,919 troy ozs. x $1400 ozs = $772,687,423 x 35% = $270,440,598 to CFR
i'll let others discount that. ..but this project is growing.
They will need money soon!!!
CFR Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held