Post by
phoenix_trader on May 13, 2016 7:27am
Kaminak's strip ratio 5/1, VIT's 1.5/1
The strip ratio at Eagle is about 1.5/1, Coffee is over 5/1. That means more equipment, operators, diesel and maintenance. With the Olive/Shamrock ore included, VIT can operate over five years at +1.0 grades before it drops to higher than what Kinross is processing at Fort Knox today. The updated feasibility study prepared by the same firm that did Kaminak's will be revealing.................................... Read more at https://www.stockhouse.com/companies/bullboard/v.vit/victoria-gold-corp#34w31rBMsWlRSquG.99...................................... 2016 Olive-Shamrock Zone Assay Results Gold assays from the first 17 of an estimated 60 diamond drill holes from the 2016 program have been received to date. The assay results from the first 9 holes which included results of 38.1m at 2.1 g/t and 11.8m at 2.7 g/t gold were outlined in a News Release dated May 5, 2016. The assay results for the subsequent 8 holes received included definition drilling in Olive Main and step-out drilling along strike toward the Shamrock Zone and are summarized in the table below: