RE: Elmo, can you please check my #'s The numbers are right.. the issue is that getting to the ore will probably cost money, $5 - $10 million to dig the tunnel.. and there will be G+A and other overhead.. but you have the right idea.. that is an incredibly profitable hole.. given the other past drilling results, some of which are very robust, it appears there is more ore to be found. In reality the mining costs are probably closer to $50-$75 / tonne before capex, so anything over 0.75 g/t gold and 0.75% copper would make money.
What I also find interesting is that the mill operates at 360 tpd, or ~125,000 tonnes of ore a year. So that drill hole, alone, is about a years worth of mining. Not bad!