Post by
FastTrade on Aug 14, 2024 8:12am
Is depth of deposit a worry here in the SC-1 - NOPE!
One gram per tonne works for open-pit mines, but underground gold mines require at least 2.5 g/t to be economic.
Underground mines are accessed via a shaft or ramp. Miners extract the ore through various methods using specialized equipment that operate in narrow, dark tunnels.
Key Takeaways -
- We are now examining historical intercepts that contain gold values of greater than 4.0 g/t gold to assess the potential that these Supercell structures may be originating from within the CS-600 Domain and extending outwards from that Domain as a late-stage event.
- Additionally important has been the expansion, and conversion to Indicated category, of the higher AuEq grades within the Inferred category of CS-600 and DS5 Domains, which stands at 6.03 million ounces of 1.25 g/t AuEq. The step-out drilling in 2024 has been very successful in continued expansion of both of these domains, with impressive results from GS-24-184 including 147.75 m grading 1.17 g/t AuEQ
The 2024 drilling has already begun to confirm that open pit mining of lower grade gold (1.19 gt) above the high grade gold at 400 meter + depths in the SC-1 area - to not only be economically feasible, but super economically feasible in that the high grade ore can be mined by greater cost effective open pit mining technique after making bank on the low grade gold in the process of opening up access to a deeper open pit avoiding the higher cost of deep shaft mining for high grade gold that is being drilled up and is open in all directions no less here.
Tudor now has its much sought after optimal starting point in place for a Major to commence open pit operations with these results - and with many more high grade results this season to come. That PEA to come is looking more spectacular than ever.
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"Drilling continues at a very fast pace at Treaty Creek and we look forward to providing more updates on the results as they become available."
Of great importance to a Major is a healthy cash flow and low cost structure, which allows a company with capital discipline to reap the rewards of a high gold price when times are good, but protect its margins when the price takes a hit.
Is there any reason the Majors should not be eyeing Tudor Gold with much interest? - NONE!
If you are selling your TUD shares at these prices you are out of your mind now!
Comment by
Stockmoves1 on Aug 14, 2024 10:26am
Thankyou for that well written post FastTrade !! kudos
Comment by
Jetstream1281 on Aug 14, 2024 10:56am
Just a question, is that traditional underground mining or block cave....my understanding is that block caving was very equivalent price-wise to open pit...higher initial capex but lower long term cost.
Comment by
bull_runz on Aug 14, 2024 1:51pm
ATM Financing would be the best way to raise cash quickly. It would help keep the shareprice in at sustainable range, and help keep shorts off our backs!
Comment by
FastTrade on Aug 14, 2024 2:15pm
And Larry- for your information, i don't quote from AI or ever make use of it. This is a weak comeback aimed at people who pose a threat, used by those devoid of the ability to put two and two together on their own from the information already provided.
Comment by
FastTrade on Aug 14, 2024 4:32pm
Larry There was nothing superficial in what i stated in my first post of the day. With you asking what i think these results will change, tells me you haven't read what i posted or grasped any of it. You just keep on the same path oblivious of the concept as it might derail your agenda.
Comment by
Larry60 on Aug 14, 2024 4:46pm
I read your post. I still dont see how the results in this weeks NR change anything for the time being. Nothin suprising. Could have a 40,000 m program to follow up on it.........and then another. Alot of work to be done to prove up an open pitable resource..............let alone a reserve. GLTA!
Comment by
FastTrade on Aug 14, 2024 5:05pm
As i stated in my post. an optimal excavating starting point for an oen pit mine has just been established.
Comment by
Jetstream1281 on Aug 14, 2024 6:37pm
When did KK switch back to an open pit model???
Comment by
Stockmoves1 on Aug 14, 2024 10:30pm
CSK HAirrass is talking to him self again or is it Larry / I'm confused, am I hearing an echo lol
Comment by
Stockmoves1 on Aug 14, 2024 2:06pm
Larry has an adjenda and if I speculated why I get accused of bullying because they protect this &*^*(&*& person