With this fast approaching any predictions from anyone on what resource updated resource end of ~Jan/feb (JORC compliant) might entail with the addition of 2010/11 drilling, seems like a decent amount of drilling and some good hits.
> 5.06 m at 76.5 g/t
> 2.50 m at 96.3 g/t
> 0.91 m at 134.9 g/t
> 1.46 m at 45.1 g/t
Who has with an understanding and map of the spacing of those 2010/11 drills and how much we think Elizabeth might be able to move from 206koz inferred to indicated and also extension to increase total?
https://www.irw-press.com/en/news/sona-drills-706g-aut-over-05-metres-at-elizabeth-gold-property.html?isin=CA83540Y1088
What are the main differences/impact between NI 430-101 and JORC 2012 on the resource numbers?
Also noted TMR are sticking with higher grade cut off (5g/t) then gold peers I've been reviewing at 1-2g/t (SPX, KZR, HZR ect) - great OPEX.
And sorry if this has been posted before, I'm fairly new to TMR only started buying in early December.
The exploration potential at BEGP (additional to old resource numbers 2005) based on Sona's opinion before they went under and this was 2015 after there exploration campaign in 2011:
https://www.marketwatch.com/press-release/sona-resources-clarifies-technical-disclosure-2015-12-24-1317315
Blackdome
Exploration potential exists in several near-parallel quartz veins that contain mineralization but with insufficient drilling to be classified as a resource. A target with particularly good potential is the extension of the Giant Vein on the property. In addition, the last drill program in 2011 intersected 13.5g Au/t over 1.5 metres in a new vein located about 300 metres to the south of the No.1 and No.2 Vein underground workings. The additional work planned to evaluate these veins targets a potential mineral deposit of between 250,000 and 400,000 tonnes, grading between 9.0 and 12.0g Au/t and potentially containing 70,000 to 150,000 ounces of gold.
Elizabeth
The Company is of the opinion that additional potential mineral deposits exist at Elizabeth. Future exploration programs will target potential mineral deposits of one to two million tonnes grading between 9.0g Au/t to 12.0g Au/t, and potentially containing 260,000 to 770,000 ounces of gold.
Any thoughts and help from the gold hounds out there will be greatly appreciated.
