I know it makes for a 'good news' announcement, but are these sub 2g/t results really even relevant in this economic environment?
At the end of the day, a lot of rock needs to be moved and costly extraction employed, to retrieve that gold.
Its getting to the point where unless I see >10g/t, I'm not that excited about hard rock gold. You can have 100m Oz of implied resource in the ground, but if it costs you $4000-$5000/Oz to extract and sell, it's a moot point!
Ann: GEO-01 Gold Mineralisation Strike Doubled - Minyari Project, page-6
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