RE:RE:RE:RE:RE:RE:Time to loadupJust to keep things in context, Nevada gold that's amenable to be heap leached, need not be super high grade to make a mine. I'm watching a Silver play, Golden Arrow, quite possibly being taken out by Silver Standard, and I came across their mine that they bought from Goldcorp & Barrick, in Nevada called Marigold. While they move 40k tons per day, the grade is punk, yet they're producing 200k ounces annually. Point here is if the metal stays around $1400-$1500, (us) and you have the tonnage we're going to prove, grades of 1 gpt or better, can build a mine.
Marigold currently has 294.5-million tonnes grading 0.52 g/t, for about 4.92-million ounces of gold in the compliant proven and probable reserves categories. The combined measured and indicated resource totals 45.5-million tonnes grading 0.42 g/t, for about 1.12-million ounces of gold.