EXPM:HRTFF - Post by User
Post by
FloorsGoldon Oct 27, 2019 9:37pm
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Post# 30275032
Just remember
Just remember Let's do some fun math!
A NI 43-101 compliant Feasibility Study was completed on the Sugar Zone Mine effective February 15, 2019 calculating total Reserves of 3,879,000 tonnes grading 7.1 g/t Au with 890,000 ounces of gold. (HRT Front page as source)
Using this RESERVES I'll do some fun math, 890,000 ounces in the ground x $1500.00 an ounce! = $1.335 billion dollars! ($1,335,000,000.00) of gold in the ground, like I said fun math! Who know's what the future gold price will be.