Not clear to me if plan is to go underground or do a pit...gold look to be about 200m below big fish pit...what's mine method? We gonna run exploratory drift couple hundred meters from dewatered plutonic east to drill this out in tight centers from underground or is plan to move 200m of overburden to get at gold using open pit mine method? Also this particular deposit currently drilled at 80m x100m centers so this supposed 522,000 oz gold at 4.1gpt is potentially just indicated resource, which has low certainty so once deposit drilled tighter resource size gonna decline by 30% to 50% and grade likely go down very substantially too. What about all the gold in bryah basin? hermes/hermes south where we got a legit open pit deposit all drilled and ready to grading 1.4gpt? Central bore in bryah basin with wide 4gpt intercept starting at surface outcrop going down 75m at least? Is problem with bryah basin that 20% to 30% of gold belong to alchemy and we don't want to mine it so we can drive alchemy out of business and grab their land cheap?
Not clear to me if plan is to go underground or do a pit...gold...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CYL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.08 |
Change
0.065(6.44%) |
Mkt cap ! $241.4M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.10 | $1.02 | $290.2K | 274.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2540 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 8539 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CYL (ASX) Chart |