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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Professor Dotcomm who wrote (85041)5/2/2002 4:25:19 PM
From: E. Charters  Read Replies (3) | Respond to of 116830
 
Tua Ceti Andromeda: Is your DNA laughing at you? 8 ways to tell if you are inbred. 1. When you put on matching socks you cannot detect which one is left and which right. 2. You hear two voices when you speak. 3. One of them other people telling you to shut up. 4. You have jokes explained to you often. 5. Your proudest accomplishments in life was learning how to dance the Bossa Nova. 6. Your saddest moment was forgetting how to dance it the following day. 6. If you fill in the following phrase: "If he had a _____ he would be lonely", you feel that the condition in the first phrase does not necessarily apply to the conclusion of the second phrase in your case. 7.People in your family call people who could read and write, "perfessor". 8. When other kids played with you, they stopped after the teacher told them to quit throwing rocks.

Gold Mines? You talkin to me?

hmmmmmm...

1. Two new head frames and miles of working historic.
2. historic grade at mine one, 0.40 ounces per ton.
3. historic grade at mine two 0.38 ounces per ton.
4. Last mined 1968
5. Mill operated 2001
6. New resources defined at 800,000 tons of 0.50 ounces per ton
7. near highway, labour available

It would probably require some infill drilling, development and mill upgrade. In all probability the mill should be expanded from 200 TPD to 400 TPD. This mill upgrade would be at a cost of around 500K. Time to full scale operation would be about 3 to 4 months.

Investment required for some kind of operations capability could be from any where from 1 million to 6 million.

Costs would be in the order of 150 US per ounce before theoretical efficiency maximizations.

EC<:-}