As Fredwah said on this thread, "I'd prefer to see a short infill drill program to upgrade the indicated/inferred resource of 207,000 tonnes @ 6.71 g/t for 44,600 ounces. It would be a cost effective way to make the overall deposit more valuable if they are going to sell it."
At an assumed AISC of $1100 that's close to $76M cashflow if they could mine that!
Most of this was not included in the pfs as it needs upgraded first. I had overlooked this as was concentrating on the overall tailings pfs only.
Question: With small high-grade deposits like these lying around, and Gold at $2800+, why aren't there a bunch of companies lining up to go into the portable mill business, like BMI? There's got to be money to be made selling shovels to miners?
As Fredwah said on this thread, "I'd prefer to see a short...
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