I concur with MBG. Low grade open-pittable copper sulphide and gold with good recoveries is of great value in getting a project over the starting line. I can recall years spent at a mine where half the trucks going up the hill were loaded with ore grading 0.25Cu and only minor gold credits, and that mine made a lot of people rich.
Sure it would be great to have grades over 1%, but they don't have to be there. Day traders need not apply.
Ann: Kharmagtai - New Copper Porphyry Centre Discovered, page-5
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