Member Info for Samspade4

The 300m sq blocks encompassing the 5 drill-cores in the Main Zone provide some indication of the spatial distribution of source-rock in that area, with a radial thickening to 15.24m(W), 27.43m(N), 23.48m(E), 24.38m(S) from a presumed andesitic basement high over which the source-rock thins to 4.57m ( Core 17CSRC5). This results in tonnages of 4.2M & 3.8M for the 300m blocks encompassing 4 of the 5 cores, 0.56M & 2.28M as the source-rock thins westwards, and 5.4M to the south assuming the 24.38m thickness in core C2 continues for 300m in that direction and as the topography indicates. North from the Main Zone centre, the disclosure of basement in trench T1 suggests source-rock thinning in that direction. NE & E from the Main Zone centre however, trenching indicates a continuation of source-rock, of as yet unknown thickness, but for which I have adopted a conservative 5m thickness which results in a tonnage of 1.125M per block.
With regard to the NE Zone, confirmation of source-rock continuity with the Main Zone, will increase the area substantially from the 0.42sq km cited by Beaufort. Absence of core data however, curtails any realistic assessment of source-rock tonnage. The topographic and inferred stratigraphic data suggests a reasonable probability of a significant source-rock thickness yet to be proven. In the meantime a conservative 5m average thickness of source-rock for the 0.42sq km, results in a total of 5.25Mt, whilst the c50m thickness implied in the A � A cross-section on the company website, if applied, would increase that ten-fold. We must await further information on that one.
The Tuff Zone appears to encompass a structurally simple es****ment with a rhyolite cap-rock forming the SW boundary and limit of opencast mining. If the 61m of source-rock in core C8, grading down to 18m in C9, is continuous along strike, then it is a relatively simple series of calculations to arrive at a source-rock estimate of 40.98Mt for the zone.

The recently announced (RNS 16.10.17.) NewPerl Prospect adds a further 4.712Mt of potential source-rock.

Intheno post
Sorry, cant remember who reposted this, I saved it to share with newbies. Thanks again for posting it.
The Beaufort Research Note of 10.07.2017 provides the only indication to date, of potential tonnage for the CS Project, referring on page 7 , to an anticipated pozzolan/perlite deposit of >20Mt (presumably tonne ie US metric ton).
This tonnage was probably calculated using a notional average depth of 5m for the deposit over a total area of 1.58sq km (Main Zone 0.72sq km; NE Zone 0.42sq km and Tuff Zone 0.44sq km) and an average specific gravity (SG) of c2.5 for the in situ pozzolan/perlite source rock.
The latter number of 2.5 SG. is mid-way in the range for rhyolite (ie 2.4-2.6) and is appropriate as an average for in-situ pozzolan (vitrified tephra/tuff) . The Kirkland Mining Co pozzolanic tuff, cited by others on this BB, has a SG of 2.2-2.3, probably reduced due to the 10% non-pozzolanic inclusions.
The data (RNS 03.08.17) from 5 bore-hole cores in the Main Zone and 2 in the Tuff Zone, plus the company online maps and cross-sections, provides a basis, admittedly very limited, for reassessing the Beaufort estimate. The recent 16.10.17 RNS also adds that �the Main Zone remains open to the south, extends further north and east than previously defined and that the Main Zone and East Zone are part of a continuous sequence of adjacent and overlapping zones of pozzolanic perlite and tephra.� This latter statement implies the continuation of a significant thickness of potential source-rock from the Main Zone N and E into the NE Zone as indicated by the A � A cross-section.
Using a 300m grid superimposed on a satellite image of the 3 zones, and the information outlined above, it is possible to estimate the potential source-rock tonnage for each 300m sq block to arrive at totals for the three zones, rounded down to the nearest million. It is important to note however that �source-rock� refers to the total pyroclastic sequence between andesite basement and rhyolite cap-rock. The pyroclastic sequence includes tuffs, tephra, pumiceous ashes, lahars and other lithologies of varying pozzolanic and perlitic quality. Only those portions of the sequence which satisfy all industry tests for use as pozzolan or perlite, which are extractable economically and for which there is a demonstrable market, can be classed as �resource�. The following totals are therefore estimations of potential �source-rock� not �resource�.
Main Zone. 32 million tonnes.
Northeast Zone. 5 million tonnes.
Tuff Zone. 40 million tonnes.

Due 1st Sept 262 active claims at a cost of $155 per claim = $40,000 .

Cheers bamb. I find this site good also. It shows millsite claim too
https://thediggings.com/mines/nmc1167976

Nice find bamb. Cheers pal. Love the 4x 5 acre sites for mill

https://web.tmxmoney.com/article.php?newsid=6041848669834299&qm_symbol=VRR

Nice one Mini.... Lets hope its happens for us.
Just a bit of light entertainment while we wait for serious news. If we can get the American women on this stuff, we will fly lol
http://m.jun6style.com/product/glanmoor-porepozzolanicscrub/26/

Such a positive person arent you bsg. Are you invrsted in SRES? If yes...why? All you have done is moan and talk about it going to .14
Get a life man

Does anyone really care what other investors personally think about SRES? Im invested on my own research and no one elses comments/thoughts/feelings are going to change my mind. Im quite sure thats how most others feel too. Having said all that, its still good to hear other investors opinions, good or bad lol.
Do what you think is right. Surely the share price will rise on the mine plan/tonnage RNS due in weeks now not months. Its been 3 weeks today since RNS so i expect 4-7 weeks.... we have confirmed quality and very soon Quantity will be confirmed. PC must be itching to get this up and running for an income because the guy loves his geology and he wants to go out into the great big state of Nevada and find lots more ****.

I suspect a lot of those 2-3 million buys are from the same person..... errr cough! PJ cough cough!

They weren't paying this price before the fund raiser lol. So it has had some positive effect

Well we definitely know there will be one very soon. Whoever bought that 100 mill instantly became a major shareholder and i would guess the 3 other large trades yesterday and today are from the same person..... Step forward PJ

Safe, when a company becomes more active you will find your broker will try hold more shares for obvious reasons. A few big buys could see them short of shares again. Then off goes your broker to mr mm again and so on

Safe, it was probably true at the time he posted, I could only buy 1 million last night.
The 4 big trades gone through yesterday and today total 135,000,000 That is some yummy buying

PJ on Proactiveinvestors
http://www.proactiveinvestors.co.uk/companies/stocktube/9928/investor-paul-johnson-on-aim-energy-metals-and-the-next-big-opportunity-9928.htmlSomeone

Could we see RNS soon, PJ major shareholder again? He has given up his BOD everywhere so he can concentrate on his investments. I personally wouldn't be surprised

Safe, You're entitled to air your opinion mate. I think we are all disappointed but im staying positive! we now have cash and Lots of Big news possible. Next 5-6 weeks we should get tonnage and mine plan.
BUY CHEAP GUYS!!!

OK, A little disappointing but we have to keep focused on what we Have. Dont forget that TYM hold shares in SRES and PC has shares in both. It was obviously needed as PC is only diluting his own holding x2. We are funded now and Big news is due. Great time to get cheap shares. I can see this rising from here now. Roll on the Great news!!!

NT to buy over a million at .16 on Halifax.

PJ no longer on any BOD. He wants to concentrate on investment..... I just wonder if he has seen a nice entry price here. Bargain Basement time! fill your boots chaps. Those shares wont take long to clear