Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Does chromite contain gold?
 
 
5.68% of all Chromium deposits have Gold. So does that mean if you mine 100,000 pounds of Chromite you will have 5680 lbs of gold? 
 
Why is chromite valuable?
 
 
 
 
Chromite is important because it is the only economic ore of chromium, an essential element for a wide variety of metal, chemical, and manufactured products. Many other minerals contain chromium, but none of them are found in deposits that can be economically mined to produce chromium.
 
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Mar 31, 2023 10:34AM
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