Post by
nozzpack on Dec 02, 2024 6:05am
Test / Bulk Mine Keats Trench Preparatory to PEA
Such a move would give the PEA authenticity that would exceed all PEA standards.
KT is already stripped and intensity channel sampled well beyond Reserve standards.
A very small area ideal for efficient open pit excavation of high grade ore that begins right at the surface.
At KT grades of 1 ounce per ton, a modest 10,000 ton bulk sample would generate about 10,000 ounces of gold....perhaps more as channel sampling might under estimate grade.
Thats $37 million cad in revenue which can be trucked to Pine Covd mill in a few days .
Excavation time about 7 days .
Asset monetization is the finest form of shareholder appreciation given by management ...
Comment by
unclebobby on Dec 02, 2024 6:41am
KEATS JUST KEEP GIVING. Any questions