KAU 3.23% 15.0¢ kaiser reef limited

Ann: New Gold Discovery, page-26

  1. 9,423 Posts.
    lightbulb Created with Sketch. 522
    NotRelevant thanks for what reads to be a well informed post.

    what is the basis for your belief that a grade of 19 gpt might never be achieved again at A1.

    the company has consistently stated that it expects the ore grade from the mine to move towards its historical average of 27 gpt as deeper reefs are mined.

    Who am i as a non-geo to question the company's statement. Mining ore with a grade around the historical average naturally implies some periods will see bumper grades.

    A1 wouldn't be the first mine in the world where grade increases with depth.

    please understand i'm not questioning yours or @GeoFiji's comments about the duration of development work needed at A1 to sustain higher ore output at 4k/month. this could easily be longer than i could imagine.

    my query goes to quantum not timing.

    TIA.

 
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