Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: Condor who wrote (36256)	3/18/2007 8:54:06 PM
From: E. Charters	Read Replies (1) of 78416

No probs. We need 50K cash and 10K down to take the option on the pond. I can supply the ten K down if you get the 50 K :) How about kicking it off with nearby ore dump that is 400,000 tons. If you just take the quartz out it supposed to run 1 ounce per ton. (10%) And you can sell the waste for roadfill at 7.50 a ton which happens to be the cost of sorting the quartz ore and shipping it to a nearby mill. I can finance that for 600K and get 50% off the mill owner. Would make one million a year. just an idea. I know two people who tested it. Peter Howe of ACA Howe says he got 60 ounces a day using an ore sorter on the operation, although there are no docs on it. I know the guy who ran the ore sorter in 1986. The mill owner did a 3000 ton test of all the rock and it ran 0.07 ounces per ton. So the deal is probably real. I can get an ore sorter for 120,000. It could also be run by hand cobbing at about 20-40 tons per day of product. No environmentals on that one. Biggest loss is probably break even. Just an idea. Since it is in the same area. EC<:-}

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