POD podium minerals limited
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A box cut is just a fancy word for the entrance to an...

  1. AlfieKnows
    130 Posts.
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    13/02/22
    19:54
    Post #: 59541576
    A box cut is just a fancy word for the entrance to an underground mine decline (access shaft). It is the big square reinforced declining ramp that you may have seen at an entrance to an UG mining operation. It is definitely not unheard of to start off with an UG operation, however, that would usually be reserved for very high grade and non-dispersed mineralisation. A more likely option for Parks Reef would be to target shallow high grade zones with multiple open pits (200-300m deep) and then developed UG operations from the bottom of the pit in due course.

    Hope I explained it okay?

    Regards,

    Alf
    POD Price at posting: 45.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.1¢ 		Change
0.005(13.9%) 		Mkt cap ! $27.93M
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