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Gold/Mining/Energy : Winspear Resources
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To: Walt who wrote (15069)2/22/1999 10:31:00 AM
From: average joe  Read Replies (2) of 26850
 
Walt, to build a mine and mill complex for the small amount
of feed afforded at the present location with ore that is
less valuable than $2000 a tonne is impossible.

A dyke to be mined (like SUF) has to be rich beyond belief
because the anticipated costs rise ten fold.

The DeBeers location in FALC contains 490 million tonne of
feed rock. At 10,000 tonne a day it would be in production
well over a 100 years. That dyke at 10,000,000 would be
in production for only 2.7 years, I understand it may only
be 7 million tonnes, so you see I am generous.

A remote location is always an expensive proposition and a small
remote location is a pipe dream unless you are pulling $2000 tonne
ore.

Enjoy it while it lasts and make many $$$CDN Dollars.

average joe

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