Posted: Friday Nov 5 8:28:30AM 2004
In the news release from EGD they stated: "The project has an estimated Indicated Resource of 1.65 million tonnes grading 2.80 grams gold per tonne (g/t Au) for 149,030 oz contained gold using a 1 g/t Au cut-off" That is 1.65 millions tonnes x 2.80 grams of gold per tonne, divided by 31.61 (grams per oz) gives you the 149,000 oz. But if you look at the core samples at http://www.goldquestcorp.com/news_03nov.htm the grams per tonne results are much much higher. Based on the core samples, 2.80 seems too low to correspond. Comments?