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ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Comment by korpfuon Jan 08, 2014 10:01am
95 Views
Post# 22069083

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:this board has lost its purpose

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:this board has lost its purposeThanks,

I realize that you need more results, however, my calculations are assuming that the inferred and indicated are proven.

So, you are suggesting that open pit/partial open pit is totally out of the question.  

I guess with the gold at greater depths, some serious benching would be in order to get to the deposits, increasing the costs.  I have seen mines where part is open pit, then ramp to ore bodies below the pit.  I am more familiar with underground mining operations than open pit though.

I am trying to find a similiar deposits at this depth that are currently being mined. 

Sinking shaft is an extremely expensive endeavor, and ramping to ore bodies is as well.  I am also assuming that a CHL facility would be required to process the ore. 
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