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I agree the mystery of the final 24,000t of stage 1 would have...

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sandfire

2,467 Posts.

415

04/02/24

07:36

Post #: 72225037
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Originally posted by NynTfyV ↑

Well done Sandfire for working out the recovery rate of the Gold extracted. I was going to have a go but you have already done it.
The rates all seem reasonable to me and what should have been expected. The area for the stoping was never going to have great results because everyone knew it was a low-grade gold area. I don't know why the BOD tried to keep it a secret until LowKey forced it out of them. The positive outcome is that FMR has probably reached a high-grade Gold Lode and now our BOD should do something about it.

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I agree the mystery of the final 24,000t of stage 1 would have remained without Lowkey's persistence, it shows the BoD in a poor light.
As you would know if FMR continued mining the plan was for two more trials with the goal of finally reaching Burbanks Deeps. Maybe when/if GSR has the money the trial mining might restart.

GSR Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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