TSO 2.38% 4.3¢ tesoro gold ltd

Ann: El Zorro drilling continues to expand Ternera, page-47

  1. 3,612 Posts.
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    I agree, people are being waaaay overly defensive about a simple question @Kruiser asked, I do like your explanation, but i have a question myself on this part
    "No disrespect intended but you’ve got to understand that the results TSO are reporting are the ‘significant’ zones of mineralisation and that these zones are heavily imbedded within a low grade ‘halo’ of mineralised Au. In other words, you’re collecting gold from surface to depth. "

    The lower grade Halo you refer to, with hole 66, which mineralisation doesnt begin until 300 meters, and even then its low grade itself, how can it possibly be economical to mine this with 300m of overburden, and with no strike indicated in the first 300 meters how is gold collected from surface to depth ?

    Not trying to start a riot, genuinely don't understand how that can be economical to an open pit scenario.
 
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