ASHTON MINING OF CANADA (ACA) Message Board

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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)

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To: ddl who wrote (6350)	10/16/1998 6:20:00 PM
From: Jesse	Read Replies (1) of 7966

Well, Denis, it would seem whatever could bring us over that extraction and processing cost level would be profitable. ;) If you have, say, a value of $100-/ct and a $12-/tonne cost to openpit mine, one might logically deduce that a consistent grade of +0.12ct/tonne is getting there. Of course marketability and other factors come into play, but for current purposes this seems reasonable to cogitate. - A higher stone value (quite plausible) would make the minimum cpt for feasibility even lower! Alberta is one logistically accommodating environment. --- Just musing! Regards, -j :>

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