To: james flannigan who wrote (67756 ) 10/30/2009 11:22:30 AM From: E. Charters 3 Recommendations Read Replies (1) | Respond to Wayside did have good results, and was in a historic mined area, which was narrow vein, and high sulfide. So high sulfide in some areas, that it was difficult to assay. A case in point was the Mosquito Creek Gold Mine, a bollixed mine by virtue of its 2 compartment shaft and its roustabout underfunded staff. 1/2 ounce per ton, 100 tons per day, and no profit. Hecla took over the company, another consolidated wonder, of the name Mosquito Creek, and promptly closed the mine down when they saw the true balance sheet. Hecla could have improved things, but did not see a way, probably because of the meagre tonnage. Lesson in life, always sink three compartment shafts even on prospects as it is hellish hard to remove all the timbers, slash out and start over. Mucking out the bottom of the shaft after every blast poses logistic problems. Trying to catch your blast with platforms or chutes is just as bad. There is a way to do it with a bottom drift, cross over drift, ore chute pocket etc.. but it ain't easy as you have to retimber from the top down from staging. Sounds like it needs 500K tons to even consider. I don't think MC had 150K tons.
