The document contains calculations for the Invicta project of the Andean American mining corporation. It summarizes the inferred, indicated, measured, probable, and proven resource estimates which total to 128,501,901 for the gross project value. It also shows the individual metal value calculations for each resource category that sum to the total gross project value.
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The document contains calculations for the Invicta project of the Andean American mining corporation. It summarizes the inferred, indicated, measured, probable, and proven resource estimates which total to 128,501,901 for the gross project value. It also shows the individual metal value calculations for each resource category that sum to the total gross project value.
The document contains calculations for the Invicta project of the Andean American mining corporation. It summarizes the inferred, indicated, measured, probable, and proven resource estimates which total to 128,501,901 for the gross project value. It also shows the individual metal value calculations for each resource category that sum to the total gross project value.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
The document contains calculations for the Invicta project of the Andean American mining corporation. It summarizes the inferred, indicated, measured, probable, and proven resource estimates which total to 128,501,901 for the gross project value. It also shows the individual metal value calculations for each resource category that sum to the total gross project value.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
----------------------------------------------------------------------------------- Metal value cal. 204787878+1040075539+40150364+5316+4=1285019101 ----------------------------------------------------------------------------------- Avg metal value of infered catagery 28508+1988745+82525360+73320804+46924461=204787878 Avg metal value of indicated catagery 846819731+11981+75330216+59330271+58583339=1040075538 Avg metal value of measured catagery 844760+1071+14053850+13607419+11643265=40150365 Avg metal value of Probable catagery 4+5312+0+0+0=5316 Avg metal value of proven catagery 4+0+0+0+0=4 ----------------------------------------------------------------------------------- Metal value for each commodity calc By grr_value(Metal value) = recoverable_metal * price * discount_rate recoverable_metal = recovery_rate * tonnage * grade -----------------------------------------------------------------------------------