GREY:STACF - Post by User
Comment by
dlegovichon Dec 07, 2006 11:06am
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Post# 11823194
RE: OSK 43-101 and PAX.....compare/must see
RE: OSK 43-101 and PAX.....compare/must see In my opinion the good news is that they have a very predictable deposit but grade is 5% zinc + some lead. Not a spectacular grade, that's why they are looking for open pit mining.
Furthermore the shape of this deposit is not very favourable because the mineralization is like a sheet some 10 meters thick that goes deep underground at an angle, so I guess strip ratios will be very high in an open-pit scenario (especially if they think of deep open pits).
Another aspect that's worrying me is that this location is so remote they hope the government will build a railway. Without a railway they'll need to truck the ore for many, many kilometers. And that's a lot more expensive.