KSM vs Treaty CreekKSM grades - 0.64 g/t of Gold, 0.14% of Copper 2 g/t of silver
Treaty Creek grades - 0.91 g/t of Gold, 0.15% copper, 5.45 g/t of silver
We have much better grades, futher KSM mettalurgy showed only 62% gold recovery vs. 89% by Tudor's Treaty Creek. Yet KSM project still shows $11bln of NPV. Treaty Creek deposit should be much more profitable, with lower costs and greater NPV. We just need PEA study to demonstrate this, but the numbers do not lie.