Question is how to mine such an intersection. And assuming it has some strike continuity???
A shaft? A tight curvy decline? Some sort of sub level cave? Big capex!
Then there is the issue of a mill, as already pointed out. The existing mill is an oxide circuit. Hard to imagine, even with a $10m refurb how it can do 600,000t a year of hard rock.
The most valuable ores right now belong to AME. IMO the best exploration belongs to AME.
The best-promoted stock of the 2 is MDI.
Disclosure. AME Holder, watching MDI.
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- Ann: 415.2m at 1.34g/t Au intersected at Two Mile Hill Sandstone
Ann: 415.2m at 1.34g/t Au intersected at Two Mile Hill Sandstone, page-20
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