WFE winmar resources limited

Some light reading while we wait for drilling approvals, page-3

  1. 181 Posts.
    lightbulb Created with Sketch. 7
    Hi Stevenjd,
    I haven't had time to do the maths at today's prices but

    page43:
    From these figures, it is apparent that the ratio of net value in the ore is roughly:
    • Au = Ag + Cu + Zn + Pb
    This indicates that, after allowing for the relative costs of processing, transport, smelting and refining, gold represents about the same net value as all the other base-metal elements combined.
    From a mining and processing perspective this suggests that gold + silver represent the principal value in the deposit, that copper + zinc represent a useful by-product value and that lead is the least valuable mineral component."

    So lots of potential credits as well, which could offset production/ mining costs. Just depends if the juice is worth the squeeze!

    Desie101
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.