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Gold/Mining/Energy : Yamana Resources INC. T- YRI
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To: Michael Bidder who wrote (1837)12/8/1998 11:42:00 PM
From: Elizabeth Andrews  Read Replies (1) of 2346
 
Michael, the tonnage is small, maybe 150,000 tonnes to 65 meters down dip with a huge stripping ratio. True average thickness is less than 3 meters. Haven't worked out the average gross value per tonne but I think it's too small to support a mine at this point. Little or no infrastructure in the area. It is a concentrate producer. Lot's of logistical problems. It probably needs 2-3 million tonnes of US$200 plus rock to make it or larger.
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