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Message: Some info on deep mine shafts and cost associated with them

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Re: Some info on deep mine shafts and cost associated with them

in response to Re: Some info on deep mine shafts and cost associated with them by rosehill

posted on Oct 16, 09 10:48AM

"We need to hit critical mass first and them we can consider the cost associated with each deposit. If our drills find it we cam mine it.."

Yes, obviously we need to delineate enough ore to make the project economic/profitable, and there are many unique variables, such as the geometry of the deposit(s), grades, metallurgy, logistics, etc, that will have a direct impact in calcuating what will be economic in this case, but the point was/is that deep mining is not as prohibitively expensive as some believe it to be. Any arguments that NOT's ore is just too deep to be profitable, are completely uninformed, not to mention of suspicious motive.

Regards,

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