CTO citigold corporation limited
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CTO production 2014, page-22

  1. gmt
    8,242 Posts.
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    09/01/15
    08:16
    Post #: 14557981
    Rambleon we would all like to see the gold expressed as ounces per ton, however with
    1 Gram = 0.035274oz it is not practical. It probably puts into perspective how many tonnes of "ORE" need to be crushed to produce 1 ounce of gold. eg If the ore contains 1 gram / tonne it takes approx. 28 Tonnes of ore to produce 1 ounce!! That's before we even talk about the tonnes of rock that need to be mined before you reach the Gold bearing ore.
    Please correct me if my figures are wrong.


    DYOR My thoughts and ramblings only
    CTO Price at posting: 1.8¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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