Strip Ratio Bold sections copied directly from Friday's press release.
A table summarizing indicated resources near the top of the release states that, waste is estimated at 102 million tonnes vs 70.5 million tonnes of ore. Not bad! Only about 1.5 tonnes of waste per tonne of ore! BUT.........
A footnote to the section states:
(iii) The waste is within the resource solids and does not include pit wall
waste.
Further down in the press release we get the estimate of the REAL strip ratio:
This is incredibly high isn't it?
For the purpose of estimation of the resource tonnage and grade, 3-D solids of 100-foot hypothetical pit benches were created, as well as a 3-D solid of the total pit in order to determine the stripping ratio of pit waste tons to resource tons, probably 8-to-1 to 10-to-1 waste to ore.
Opinions sought!;
BG