RE:Have you ever seen such a phool?In a unicorn world, you would be the king.
For the FSA-164 borehole, the first 17 meters are sterile. As a result, the stripping ratio will be very high and this is definitely not a good example to consider very profitable planning for a factory start-up. In the case of Monte do Carmo, the low gold grade is offset by favorable geology, which allows low-cost mining to be considered. Storing the lower grade ore you are talking about is very expensive and should be avoided in this type of mining.
For a low-cost operation, the cost of production is as important as the gold grade. The stripping ratio can have a huge impact on financial results, as can the cut-off grade which depends on plant efficiency and the value of gold in international markets.
This morning’s press release reports a gold grade of 0.71 g / t over a distance of 20 meters… AT 240 METERS DEPTH. This poor result is the highlight of this press release ... Find the error. If I were you, I would rather never have seen this press release.
Your poor understanding makes you see mines wherever there is some gold. For my part, I simply urge you to be careful because Cerrado press releases present the information to influence ignorant people like you. You have now obtained 2 press releases in 2 days for which the quality of the results is decreasing. Theoretically, this should help you realize that the party is not over but the mood is bad.