SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Zonte Metals TSXV:ZON -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (251)8/11/2017 2:14:45 PM
From: Ron Struthers  Read Replies (2) | Respond to of 618
 
I am not so sure low grade is shabby when we compare to VIT's adjacent Eagle deposit.

I found the first long intercept in the Eagle zone was in 1993 and was 145 meters of 0.24 g/t

The current Eagle deposit only grades 0.67 g/t

So longer intercepts around those grades could signal another Eagle type deposit.

Of course there is higher grades in those numbers but we will have to see a lot of drill holes before talking about an average grade.

Fort Knox in Alaska run by Kinross is considered a gem for these type of deposit to Kinross. In 2015 it continued to hit new production records 19 years into its mine life and poured it's 7 millionth ounce in 2016.
2016 costs were low at US$741 per ounce.

The grade at Fort Knox is only 0.5 g/t