anyone on CDV? looking at the deposit it looks to be getting pretty sizeable..
900m long x 300m wide x 300m intercept @ 1g/t average = ~5-7Moz gold within 218Mt
Not bad for a consistent low grade deposit with high grade sections... Mining cost/t would be low but the processing cost (especially grinding would be high) so they would need economies of scale to ever produce.. but not a bad deposit at all..
10Mt per year is pretty easily achieved now days and that would give 20year mine life and around 500koz per year.. that'd be pretty decent in terms of ROI.
EDIT: I assumed a density of 2.7 for the ore as per other nearby geologies.. could be wrong and it could be higher but that number is quite conservative.
anyone on CDV? looking at the deposit it looks to be getting...
-
- There are more pages in this discussion • 17 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)