RE:RE:RE:New high todayI am a Rn shareholder. Can anyone explain Epp deposit . I understands it consists of 3 separate deposits . Does the underground mine Ernesto or Pique have a much larger deposit or mine life ?
The Alma’s deposit is very good ... and like I said the Pailol deposit is much larger that has to be explored . Matupa is basically a mountain of gold .... the deposit is high grade and is suspected to run a further 14 km fault that has not been fully drilled.
Tolfarida .... is an interesting deposit . It is basically a large mountainous deposit that has been mined For generations by hand .... deposit runs much deeper into the mountain. Deposit is basically gold nuggets suspended in dirt. So no expensive leaching or complex chemistry. Problem in Columbia is that local and state government have shut down mine production ..... it is very high grade.
i think Alma’s dfs has high return rate and would take 2 years to pay of Capex....
why doesn’t Aura management sell off Aranzazu project to fund the RN projects ?
Elgin