re: Ann: Orinoco to Commence Exploration Decl... Jimone:
I just picked a figure out of the sky, being that the area will be 250m X 300m to get a JORC compliant Mineral Resource. But on further research in the latest announcement in Figure 1. They have drawn the decline on a scaled plan.
It will be roughly 100m.
Decline:
100m X 2.5m X 2m X 2.7 = 1350 tones
8.5g/t = 11,475 grams
360 onces at $1500 approx = $0.54 million
Cost of Decline:
$2020 X 100m = $ 202,000
- Forums
- ASX - By Stock
- Ann: Orinoco to Commence Exploration Decline Afte
re: Ann: Orinoco to Commence Exploration Decl... Jimone:I just...
-
-
- There are more pages in this discussion • 2 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 OGX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online