1,000,000 oz at a grade of 2.5g/t but let us not get too excited yet.They say this is within 30km of the resource the question is how much at what distance and how deep?Grades are marginal and the real questions are how much to run the plant and transport the ore to the plant?How much of the 1/000/000 oz's to be mined is beneath existing pits or adjacent to them and what is the cost of mining.Remember it is often cheaper and safer to mine virgin ground than to reopen old pits.this diesel driven 60 ton per hour plant, not the most economical of production facilities..BUT ITS THERE...All adds up to GLN needing a reasonable grade,good gold price and realistic feasibility to commence production which includes start up costs..The camp costs..and remember its all been sitting for a while so factor in a few little probs at the start...And your away!!!!!!
ZLD Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
