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Message: Rozebud is low grade,but.......

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Aurony

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Rozebud is low grade,but.......

posted on Feb 18, 11 02:50AM (Log in to use the IP Check tool) ^[?]

From Golden Hope Mines hub:

Low-grade economical mining

posted on Feb 17, 11 05:26PM Use the IP Check tool ^[?]

Because someone posted earlier that you need a certain grade to do "economical" mining, let me give you an example of the largest, low-cost open-pit mine in Mexico:

Goldcorp´s Penasquito mine:

http://www.goldcorp.com/_resources/project_pdfs/Penq-dec-08-reserves.pdf

They have really large tonnage (1 million tonnes)

with an average grade of 0.456 gpt

for 17.369 M oz. gold !

So grade is NOT the only variable to determine ECONOMICAL mining.

Tonnage, open-pit or by-products can help.

And we are going for: tonnage, tonnage, tonnage.

FANTOMAS

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