Sarissa Resources Inc (SRSR)

[es1]

One disadvantage of an open pit mine is waste. I dont remember the exact depth of the ore body but everything above that is waste dirt.
That is a lot of dirt and we will need a place to put it all. The second waste issue would be the radioactive wast we will have. There is a quite a bit of uranium and thorium on the property. I do not think it is enough to feasibly prosses so the low level waste will need to be dealt with but it is a smaller issue than the dirt.

One huge issue never talked about before when it comes to SRSR mining is the lake.
It is a real pretty place but our mine being on the shore of the lake is going to give us water issues. We can not dig a huge pit right next to a lake.
The wall between the hole and the lake is called a dam and it will be a leaky dam at that.
The pit will be constantly needing to be drained and we will not be able to just pump it back into the lake. Once it is in the mine it becomes waste water and will need to be dealt with.
Along with rain and snow the waste water issue would be many times larger in an open pit.
Open pits are awesome in the desert. Not so much in areas that have an annual rain fall of 36 inches and 5 feet of standing snow in the winter.

When it comes to the type of mining it really depends on the area.
If the property was in Nevada it would be vastly easier and cheaper. In ontario a pit mine is probably more expensive.


JMO.

It is also JMO that the cost doesnt matter in the slightest because they will never have any sort of mine on the property to pay for