RE: Resource estimtesMy calculations based on the phase one drill results shows a resource value of $139 million.
Question, what will it cost to set up, transport and run a Zine mine.
If they can expand the size of the ore body say by 3 times I believe we will have a mine.
My number is based on the following assumptions:
Ore body size (based on the drill program) = ~100m long * ~50m wide * ~29m deep = 159,500m3 (rounding)
Zine grade = 8.8%
$1.65 / pound of Zine
1m3 = 3 ton
2000 pound / ton
957 million Pounds of ore
84.2 million pounds of Zine