Ann: Santa Barbara Gold Project Restart on Schedule, page-2

Oh dear, i thought that this wasnt going to happen.


"Santa Barbara is an outstanding gold project and shareholders should be reminded that the Mariana and Santa Barbara veins host average gold grades approaching one ounce per tonne and these are the veins on which first mining will focus."...WG

1 ounce = 28gpt

The average grade of gold mines varies depending on whether the ore is extracted from an open pit or an underground mine: Open pit mines: Typically have grades ranging from 1 to 4 grams per tonne (g/t)Underground mines: Typically have higher grades, ranging from 4 to 10 g/t, but some can be higherThe average grade of global gold mines has been declining for five years. In 2017, the average grade reached a 10-year high of 1.46 g/t, but has fallen every year since. The grade of a gold mine is the average grade of gold contained in the site. Higher grades indicate higher amounts of gold in the ore