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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: AuBug who wrote (59660)	5/26/2008 1:09:38 AM
From: hank2010	Read Replies (2) of 78424

If you can get core drilling (NQ or HQ) for $100 in US cordillera,in 2008, for holes greater than 1000 feet, you are very lucky. Most contractors have a hole conditioning clause, as well as per foot price. When they are pumping drill fluids or trying to re-establish circulation the costs are $300 to $400 per hour. Owner supplies fuel, water, room and board etc. etc. Re driving a drift. Most recent quote I saw for 7500 feet of 12 x 16 was $1550 per foot, direct costs. By the time you add on the indirect costs you are close to $1900 or $2000 per foot. smaller drifts would cost less but then you ask how big is the equipment you want to bring down?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next