Informative statistic on Gold Grades... A study was done n amount of Gold left untouched,,,turnss out about 3 Billions ounces....however the costs to extract this Gold will skyrocket...As I have often said all the "cheap" high grade Gold has been mined out...
The average grade of undeveloped projects was .66 grams / tonne while the average grade of
producing projects was 1.06 grams per tonne.
Please read carefully ....Grade 0.66gms for undeveloped Gold, and 1.05 gms for producing projects....NOW let;s compare these Gold grades with EAG grades, and you will easily see , EAG being average of 4 to 6 gms, that EAG is and will be a HIGH Grade Gold deposit, that will be very unique in todays Gold mining circles, , and will be well sought after worli\wide...lol...but I am sure most of you knew all this already?
Mellow