SMI 2.76% $1.06 santana minerals limited

Ann: More High Grade Gold from Rise and Shine Drilling, page-8

  1. 33,397 Posts.
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    I am not knocking the project itself , there is much potential , just see it more as a UG mining project , as the strip ratio is going to be high for open cut given the depth of most of the ore and it seems environmentally destructive in an area with a lot of beauty
    I did take a look at their presentations about 6 months ago .
    Some of the maps showed the tenements sloping up from the East side of the lake , yes there is an area to the North East going in from the North end of the lake so would think any mining there would be seen from the lake . that has a depression further in near some old workings I am guessing that is what you are probably referring to.
    Maybe I should take another look at this .
    Last edited by plough: 23/11/23
 
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