RE:Another Solid Drill Result Frozen the grade is good for a large style open pit and the width at almost 300m is fantastic. However there is much more to it than just width and grade...I will try to keep it simple. So you have 292 gram metres of gold but the problem is that you have to work your way through 200m ie 2 foot ball fields deep of overburden to get at it. Further over half the gram metres of gold is actually over 274m deep and the bulk of that half is actually over 320m deep. Needless to say you need to work through alot of cover to get to the gold and even then you start with lower grades then get the better grades deeper. Alot of expenses going out before you get a sniff and sometimes that sniff does not have a good smell lol.
Before you get the basher horns out I like RC but there is a reason the market is not excited just stating what that is!