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Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."


GREY:PGDIF - Post by User

Post by ekimon Apr 10, 2016 10:56am
186 Views
Post# 24749370

Strip Ratios - PEA

Strip Ratios - PEAWe are approaching PEA and one of the key topics will be the strip ratio that is finalized in the study.

This is actually where size does matter and the small footprint of CH6 will hit hurtself in the fact that it does have to mine more waste material for each metre it goes deeper.
CH7 is a bit better (larger), but it doesn't have the margin to sustain it as well.

Here is a post with related information -- Strip Ratio Post

The biggest quesiton will be...when does it make sense to go underground. You can make the deepest pit possible..but if you have to move a small planet of waste to do it...it doesn't make a lot of sense.

LONG...PGD

EKIM
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