OTCPK:IAUFF - Post by User
Post by
ikarus47on Sep 29, 2010 1:40pm
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Post# 17507563
initial resource estimate
initial resource estimate500 million tons @ 0.5 g/t gold, 0.4% copper
https://finance.yahoo.com/news/Maiden-Porphyry-CopperGold-ccn-830657450.html?x=0&.v=1
500 x 0.5 / 31 = around 8 million ounces gold ?
That probably meets expectations for the initial resource estimate.
0.4% copper is nice, and may pay for mining the gold...?
Andreas.