GREY:COLUF - Post by User
Post by
Runner5on Sep 17, 2009 9:12am
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Post# 16314040
Historic hole
Historic holeJust a reminder to all about the tremendous potential that lies below the pit. This hole was pulled a couple of years ago under the pit:
43m @4709g/t au, 1174g/t pt and 204g/t pg
That's a gold equivalent of 6320g/t, or 223 oz/t, over 43 metres!
At today's metal prices, that's over $225,000 per tonne. That's more than $500,000 USD per cubic metre.
You'd need to hire a freakin Brinks truck just to haul the ore from the pit to the mill!
R.