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Tara Gold Resources Corp TRGD



GREY:TRGD - Post by User

Bullboard Posts
Post by canada7on May 07, 2007 3:44pm
281 Views
Post# 12739365

8.8 M oz of Au at Las Minitas

8.8 M oz of Au at Las MinitasFrom Raven Gold website at https://www.ravengold.com/projects/lsmintas.php "Historical information regarding Las Minitas indicates three mineralized zones of interest that contain a total potential of 22 million tons of ore grading 20 oz/t silver and 0.08 oz/t gold. Metallurgical testing indicates that recoveries of 90% for both silver and gold may be achievable by cyanidation alone." 22M tons x 20 oz/ton silver = 440 M oz of silver = 8.8 M oz of Au equivalent potential, and out of 8.8 M, 2 M oz of Au proven already. Also, note that 20 oz per ton, each ton is about US $280, that is high grade. It is a big loss for RVNG to drop this kind of project.
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