Bema(Bgo) and Arizona Star Message Board

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Gold/Mining/Energy : Bema(Bgo) and Arizona Star

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To: Sleeperz who wrote (163)	9/8/1996 12:17:00 PM
From: IngotWeTrust	of 10482

Dear CR Lum, Thank you for your reply. The open pit to which I was referring in my Virginia City, CA example was only about 50 metres deep, (max 70 metres) (metre roughly equals a US yardstick or 3') The overburden that AZS "has to remove" will be done VEEEEERY careful- ly, I assure you: it contains 2 mil oz of proven reserves before getting to the "porphory zone" below, and the sulfidenous zone BELOW THAT!!! Yes, .03 gpt at 70 metres depth of SILVER is economical to mine, open pit wise. With silver at $5 and change per oz,(or $0.05 per gram) that is a tremendous contrast to 1gpt gold, let alone the other min- erals that are in the overburden and economically extractable. With gold currently at $385T/oz making 1 gpt approximately $12.60, well, I believe I've made my point. Thank you for your valuable opinions expressed in this forum. 0/49r

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