Hi Zia,
I have no idea about the minimum reserves necessary to justify mining but I "mined" this from a site called Bullion Bulls Canada which seems to suggest that the potential for Cluff with as little as 1 oz of gold/tonne could be fantastic, not to mention up to 8.3 oz/tonne:
For gold miners, the starting point would be to look at ore with 1 gram of gold per ton of ore. That's right, ore with as little as 1 gram/ton is potentially rich enough to support commercial mining. Of course, with this low level of concentration of gold, it will generally require both vast tonnages and favorable geology for ore of such a low grade to support commercial mining operations. Generally speaking, what exploration companies are looking for is ore with several grams of gold per ton.
http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=4801:investment-check-list-for-precious-metals-miners-part-ii&catid=42:rokstories
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lets get real about cluff, page-23
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