RE:do the mathSo based on the very conservative estimate of 25K cubic yards of material, and using 1.5 g/t as the estimated grade, with 70% recovery there is $3,000,000 of recoverable gold in that pile, before expenses. Should they go after it?
I'm being VERY conservative. I asked Ron the same question, not sure he can answer me directly, but maybe in a NR at a later date, once he has more information on expected expenses. I think the stockpile is a great deal larger than 25K yards. Surface area is 8200 SQM, using 25K yards means its only 2.3 meters deep. We KNOW its a lot deeper than that in many areas.
Look over the percussion drilling results and you see most depths of at least 6 meters, and many a great deal deeper than that.