GREY:TIMGF - Post by User
Post by
EricLeboeufon May 19, 2018 8:47am
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Post# 28056119
TIM drilled 892$ per ton in open pit shell !!!!!!!!
TIM drilled 892$ per ton in open pit shell !!!!!!!! Taking the average grades of only the Au, Cu, Ag and Zn of the last drilling (see PR's July 2017)
Holes hit from 50M to 135M
Averages:
Au 6 g/t = 250$/t
Cu 6% = 390$/t
Ag 2oz's= 32$/t
Zn 7% = 220$/t
We get 892$ US per ton
This without any nugget effect!!!!!
And I would be very supprised if these results were included in the resource calc as it came out also in July 2017
Inventories of the metals (Cu, Zn) are very low (see kitco 5 year charts), prices should continue rising
and for Gold....Inflation, lower production and higher costs from the big miners will propel its price
Do your DD, It's worth doing it on this one, You will love it !!!!