Sunday, October 26, 2014 2:08:14 PM
which are clearly shown in the anomalies that have repeatedly been shown in TNGL press announcement and power points
....so PR and power points makes it real? I have some dirt in my backyard. Does that mean I have lots of gold there?
We also know that there are significant iron ore assets because every mining professional that visits the mine, reports back with endorsements....did those mining professional drill the area to prove a reserve? I didn't think so.
Three drills working 24/7, 375 holes, over 56,000 meters of drilling on just the largest anomaly, at a cost of 4.5 million with a 9 month completion target date
....that is the lowest cost drilling program per meter in the world...kinda like your claim of 48 dollar all in production cost.
When TNGL ramps up production they will also improve the quality/purity of the iron ore to a 61% Fe target, as it clearly states on page 16 of the Tonogold power point. www.tonogold.com/i/pdf/AGM-June-23-2014.pdf ....getting sulphur out of iron ore is not that easy...just ask the other iron miners in Mexico. Seems they can't figure out the problem either. Does Tonogold have some miracle process? Is that why the Chinese are not buying anymore?
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