BKT 1.92% 5.1¢ black rock mining limited

Ann: BKT Cascades prospect delivers 12.1% TGC high grade resource, page-5

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  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    the material is as you calculated

    52.8Mt x 8.3% = 4,382,400 tonnes

    of course, 100% of it is not mine-able

    say 65% is mineable & recoverable

    that is 2.8 million tonnes

    at production rate of 100,000tpa, that is a 28 year mine life

    the flake size is irrelevant for these calculations, unless there are large quantities of very small flake size

    BKT has around 12% very small flake size therefore reduce the material by another 12%

    the flake size only determines the quality of the final product & thus the potential profit margin

    ...........
    Last edited by ddzx: 12/12/16
 
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