GF: We can see from the FS chart that Clan Lake grades are high and there has been more initial exploratory drilling than that shown. Much of this and the historical ore excavated has not been counted. Historical ore especially shows excellent promise and is very exciting. Initial mining will concentrate on the Ormsby and related deposits. I copy the chart from the FS below.
"Thus far, Tyhee's technical team has identified six separate gold deposits in the YGP, including Ormsby, Bruce Lake, Clan Lake, Nicholas Lake and Goodwin Lake (see Project Location Map). These areas have a combined Measured and Indicated resource estimated to total 1,715,000 ounces of gold contained in 27,115,000 tonnes at an average grade of 1.97 g/t, and Inferred resources of 487,000 ounces of gold contained in 5,774,000 tonnes at 2.62 g/t."
| |
|
|
Quantity
(000s) |
Average
Grade |
Contained
Metal (000s) |
Deposit
Type |
Deposit Area |
Resource Category |
Tonnes |
Au (g/t) |
Au Oz. |
| |
Ormsby |
Measured |
7,339 |
1.59 |
376 |
| |
Subtotal Measured |
7,339 |
1.59 |
376 |
| |
Ormsby |
|
13,295 |
1.68 |
718 |
| |
Bruce |
Indicated |
749 |
1.59 |
38 |
| |
Clan Lake |
|
1,266 |
1.68 |
69 |
| Open Pit |
Subtotal Indicated |
15,310 |
1.68 |
825 |
| |
Subtotal Measured and Indicated |
22,649 |
1.65 |
1,201 |
| |
Ormsby |
|
218 |
1.23 |
9 |
| |
Bruce |
Inferred |
60 |
1.56 |
3 |
| |
Clan Lake |
|
1,964 |
2.46 |
155 |
| |
Goodwin Lake |
|
875 |
1.15 |
32 |
| |
Subtotal Inferred |
3,117 |
1.99 |
199 |
| |
Ormsby |
|
1,662 |
3.30 |
176 |
| |
Bruce |
Indicated |
440 |
3.17 |
45 |
| |
Clan Lake |
|
110 |
2.77 |
10 |
| |
Nicholas Lake |
|
2,255 |
3.91 |
283 |
| Underground |
Subtotal Indicated |
4,466 |
3.58 |
514 |
| |
Ormsby |
|
113 |
2.89 |
11 |
| |
Bruce |
Inferred |
71 |
2.47 |
6 |
| |
Clan Lake |
|
1,784 |
2.80 |
161 |
| |
Nicholas Lake |
|
689 |
5.00 |
111 |
| |
Subtotal Inferred |
2,658 |
3.37 |
288 |
| All |
Total Measured and Indicated |
27,115 |
1.97 |
1,715 |
| Total Inferred |
5,774 |
2.62 |
487 |
