Taking it to the streets. Stockhouse.com: Taking it to the street
reply post non-threaded view
TME versus Cote Gold Resource Model
 

The Cote Gold project is a great model to use in relation to TME's drilling/assay results

 

Tonnage / indicated gold oz / cut off grade

 

269 T. at 0.88 g/T  /  7.61-million ounces and an inferred resource & inferred resource of 44-million tons averaging 0.74 g/t for 1.04-million ounces  /   cut-off grade of 0.30 g/t of gold

 

Lets keep this in mind as the two TME resources are built out and reported on...........as our indicators......I believe TRR went for around $45/gold oz..........as POG moves up I am sure this will get closer to $75 -$ 100 / gold oz...as a buyout target as more players into the buy ring

 

TORONTO (miningweekly.com) – Canadian miner Iamgold on Wednesday said it has lifted the National Instrument 43-101-compliant indicated resource at its Côté gold project, in northern Ontario, by 114% from the previous resource estimate reported in October 2012.

The company said most of the mineral resources at the project had now been upgraded to the indicated category.

The new Côté gold resource estimate incorporated assay results from 85 additional drill holes, comprising 47 325 m since the October 4, 2012 estimate, and now entails 269-million tons grading 0.88 g/t for 7.61-million ounces and an inferred resource of 44-million tons averaging 0.74 g/t for 1.04-million ounces.

The estimate used a cut-off grade of 0.30 g/t of gold, similar to the cut-off used in the previous resource estimate.

The company said a positive attribute of the Côté gold deposit is its accessibility for openpit mining. The deposit locally outcrops at surface and, based on the drilling to date, the depth of the barren overburden averages 5.8 m.

 
 
reply post non-threaded view
add to favorites
 
 
 
 
Today's Feature  
 
Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits...