210 million tonnes @ PeleMike Hailstone, resident geologist with the Ministry of Mines in Sault Ste. Marie is quoted as saying there is a calculated ore reserve of 210 million tonnes in the south limb where Pele is working (NOB March 2007). I am of the opinion that Pele's resource will eventually push way over 100 million pounds of u3o8. I've said it before, five millon pounds per annum production could be the potential here.
Ten or fifteen thousand tonnes per day production is not unheard of in underground operations, and if you have the total resource to support this rate for 20 plus years the scale of economy should be obvious to all.
Regards,
garmin1