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Lumina Copper Corp LCPRF



GREY:LCPRF - Post by User

Comment by eebleron Sep 09, 2011 10:39am
158 Views
Post# 19026308

RE: RE: RE: RE: More drilling

RE: RE: RE: RE: More drilling
I used the weight of "dirt" as opposed to rock because it gave another ultra-conservative aspect to the estimate.  When I did the search on dirt it came out at 2000-2500 lbs. 

I was going from memory on g/oz and used 26 g/t.  Google results say it is 28.35 but your number helps make it more conservative whereas mine inflated it. 

In reality, it is all speculation, but even if they have half that amount it still will contribute to project economics as every dollar recovered will help.  It could also allow them to perfect the operations of the gold processing stream way earlier during ramp up if they have alot of low-grade material to run through.  I would still guess they will go heap-leach route with this material, but they could run it through the full processing cycle if it is amenable to a combined copper/gold circuit.

eebler

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