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Gold/Mining/Energy : Winspear Resources

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To: jack hampton who wrote (16327)3/21/1999 7:59:00 PM
From: marcos  Read Replies (1) of 26850
 
-g- ... ah yes, but look at the side benefits, how we get our yayas out on the threads. If the Serbs could just get online and pick themselves a stock, look what they could save in tank and shell costs. They have to bury their bodies - here we just stash them on junk threads like krt ... like this one [sorry if it stinks a bit] - #reply-5484233

1. They are grouting the holes. They were last year, i've heard that they are this year, and i think there's a report upthread a week or so ago to that effect. It does slow down the drilling somewhat.

2. I hear that the economics of underground mining change significantly in crossing under a 1.5-2.0 metre thickness ... of course, if the numbers add up you can mine a six-inch vein, it's been done, and money made off it.

What would you estimate for a mining cost here - just mining, as in delivery to pithead ... assuming say 10mil tonnes of 2.5m thickness at a dip of 15 degrees, at a production rate of 1500t/d, ignoring the opencast start? .... and would you expect room and pillar to be the way to go?
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