RE:RE:RE:RE:Last drill results for 2016 are outjcw604 wrote: Can you explain why it is a very economic mine? Most operating mine are over 1g/t according to google research. Is $10 per ton of processing cost reasonable?
Please do not make any investment decisions based on "Google research". Mining is not something one will learn on Google. To answer your guestion: low strip ratio, high recoveries based on 6.3 mm crush size, large volume (specific to open pit operations), higher than average gold grade for a heap leach mine, cheap grid power, and the list goes on and on. Low cash cost, low all in sustaining costs, great post tax IRR, quick payback @ $1,250/oz gold price.