Post by
cre8value on Jan 26, 2016 6:47am
Best info from the news release...
thanks for the link cwaltz
3) The results of the drill program (MKR-15-05) suggest that more work is needed near the boundary of the Aumo Property presently owned by Lakeshore Gold Corp. Accessory metals such as silver indicate there is a similarity between the Aumo Zone (MKR-14-03 and MKR-15-05) and the South Zone (MKR-15-08). This indicates they may have a similar genesis and may both come from a deeper seated source.
Comment by
Shlinker_ on Jan 26, 2016 7:02am
Lets be clear, the results from Melikor drilling are not yet economic. The trend thickness is very thin, and open pit of less than 4g/t is a tough go. They have alot of work to do folks. Dont get ahead of yourself.
Comment by
heystupid on Jan 26, 2016 9:10am
This post has been removed in accordance with Community Policy
Comment by
cre8value on Jan 26, 2016 2:59pm
Are you kidding me? An open pit of 3 to 4 gpt is pure gravy. Anything less than 1 gpt is marginal. These types of pits use lots of oil to process tons of material. Have you seen the price of oil lately? They are generally less than 200m deep. How big is this surface deposit?
Comment by
BrahmaViddo on Jan 26, 2016 8:32pm
The zone is 2m wide. Doubtful of an open pit scenario