GDR goldstar resources nl

Ignoring the ounces that have been stated by the company...

  1. SCD
    3,438 Posts.
    Ignoring the ounces that have been stated by the company for...

    1. the stockwork above Lomond
    2. the Lomond reef
    3. the Empress reef
    4. the Cohens South reef
    5. or any other exploration potential

    AND, just focusing on the two dyke bulges on the Ross Creek Line that have been drilled todate...Eureka and Tubal Cain, we can forecast the SIGNIFICANT UPGRADE to their Geological Models.

    Eureka Geological Model Resource Estimate
    High Grade Quartz (to 300m ONLY*)

    Tonnes 430,000
    Grade g/t 14
    grams per oz 31.10
    Au Ounces 193,569

    Sediments
    Tonnes 900,000
    Grade g/t 7
    grams per oz 31.10
    Au Ounces 202,572

    TOTAL Au Ounces 396,141

    BUT Eureka has now been drilled to 350m and identified 2 additional reefs - 9 & 10 - including drill intercept 0.35m grading 5,604 g/t Au

    Tubal Cain Geological Model Resource Estimate
    High Grade Quartz (to 300m ONLY and 8 quartz reefs)

    Tonnes 1,160,000
    Grade g/t 17
    grams per oz 31.10
    Au Ounces 634,084

    Sediments
    Tonnes -
    Grade g/t 7
    grams per oz 31.10
    Au Ounces -

    TOTAL Au Ounces 634,084

    But Tubal Cain has now been drilled to 600m and has identified 15 reefs including drill hole GRT-006 which intersected 29 mineralised zones and 4 intercepts with grades greater than 30g/t Au

    My forecast indicated that within the next 4-6 weeks...

    Eureka could be upgraded to ~543,408 oz Au

    Tubal Cain could be upgraded to ~2,266,881 oz Au

    TOTAL ~2.8moz !!!!!!!!!!!!!!!!!!!

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.