Been o estimating what gold value is in the final pit bottom 25m
Total ore /t was indicated back in 2106 at 146,000/ t with pit bottom at 80m
Dec 2017 ore/t mined was 84,367 /t for 55m depth
Hence balance must be 36,633/t for 25m to pit bottom
Assume g/t is higher in the bottom 25 m say 8g
36,633/t ore at 8g/t = $118.4m
How does this sound?
How much Gold is still in the open pit
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