is a non JORC compliant resource/reserve grading around 2 grams per tonne gold equivalent (this is basically a base metals deposit with gold) going to be profitable given that it would be an underground mine? Which other similar operations are profitable?
what would happen to the economics of the mine if base metal prices fell while the gold price stayed at its current elevated level. TRY’s gold/silver mine in South America failed
despite the high silver content of that mine.
why did other companies not see the golden opportunities here.
buyer beware, and informed.
gla
loki
Ann: Sturec Gold Project - Strategic Process Update, page-198
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