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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Supervalue who wrote (56953)2/25/2008 3:51:44 PM
From: E. Charters   of 78411
 
I think if they had a lot of that stuff in strike length, it would be a mine.

Investment public is not "hip" as to possibilities of open pit mining gold with that width grade in Ontario. Look at Porcupine Joint Venture, Goldcorp-Dome. Timmins. 1.37 grams/tonne, 51 milllion tons. 3.86 to one stripping ratio.

A 4 to one stripping ratio at 115 feet of ore,would be 575 feet wide in ore and waste for total width of pit. With 60 degree walls the depth would be 996 feet. That would be 9545 tons per linear foot of strike. 1.5 miles of that would be 75,000,000 short tons. At 2.4 grams/ metric tonne that would be 5,238,000 ounces.

That would be a mine.

EC<:-}
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