3-5g/t would not be a large chunk of the ore, I expect.
The pit sizes would be extended until an optimal point is reached, where profit is maximized. In the case of Chatree, it gets grade down to 0.6g/t with a large plant (with temporary jumps above 0.6g/t, like now/soon).
If adding in some additional 7km transportation costs, it may demand a grade of 0.8g/t instead. So it's sub-optimal designing small pits for 2g/t and leaving lots of gold behind. The pits would be enlarged until 0.8g/t is reached (in which case, 3-5g/t ore is definitely a minority in the pits).
"It would obviously make sense to sort the ore at the source so that the highest grades are transported first. Maybe that wouldpay for a conveyer.In any case, 7 km is a significant transport distance."
At least it would be a simple calculation for management to undertake.
- Check transportation cost.
- Check sorting costs and CAPEX.
- See which is cheaper.
NVA:ASX have sorters in their scoping studies. Though they say sorting is feasible because the gold mostly falls within veins (arsenopyrite, I think), so can be easily X-ray sorted out. That lets them upgrade from 0.3g/t to 1g/t (fairly optimal) or up to 6g/t (not optimal, because say 70% of the gold gets rejected as waste).
- Forums
- ASX - By Stock
- Ann: Additional Significant Gold Exploration Results near Chatree
3-5g/t would not be a large chunk of the ore, I expect.The pit...
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KCN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.26 |
Change
0.005(0.40%) |
Mkt cap ! $322.1M |
Open | High | Low | Value | Volume |
$1.25 | $1.27 | $1.25 | $211.7K | 168.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 17042 | $1.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.26 | 19938 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 17193 | 1.250 |
4 | 31640 | 1.245 |
6 | 32825 | 1.240 |
2 | 22429 | 1.235 |
3 | 3550 | 1.230 |
Price($) | Vol. | No. |
---|---|---|
1.260 | 21019 | 26 |
1.265 | 2145 | 4 |
1.270 | 2307 | 1 |
1.280 | 12760 | 3 |
1.295 | 21083 | 1 |
Last trade - 15.24pm 09/09/2024 (20 minute delay) ? |
Featured News
KCN (ASX) Chart |