The raw numbers without a factor of safety
105 x70x17.5 = 128,000 m3x 1.8 = 230,000 tonnes x 3.49g x 90% recovery = 727,000 g = 23,400 oz @ $2,278 = revenues of $53m.
Sales realisation expenses say 25% $11m
processing and shared costs at Thalanga run at $35/t = $8m if a similar result is possible.
So it definitely looks like its worth processing unless I'm missing something.
Ann: Red River identifies gold potential in Hillgrove waste dump, page-11
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