Saturday, January 28, 2017 12:59:17 PM
True, but FFMGF has some significant Silver findings on their properties. Given the current price of gold compared to silver this is primarily a gold play when comparing total potential dollars to indicated/inferred ounces.
Using Springpole as an example again:
Indicated Resource: 128.2 Mt at 1.07 g/t A, 5.7 g/t Ag, containing 4,410,000 oz. Au and 23,800,000 oz. Ag (Silver)
Inferred Resource: 25.7 Mt at 0.83 g/t Au, 3.2 g/t Ag, containing 690,000 oz. Au and 2,700,000 oz. Ag (Silver)
From my perspective, that is a decent amount of Silver. You can go through each property on the FFMGF website and look at the numbers.
Of course, the total potential cost to get it out of the ground and ship it to a mill is a factor here as well. This is a factor that FFMGF also considers when choosing their properties.
Using Springpole as an example again:
Indicated Resource: 128.2 Mt at 1.07 g/t A, 5.7 g/t Ag, containing 4,410,000 oz. Au and 23,800,000 oz. Ag (Silver)
Inferred Resource: 25.7 Mt at 0.83 g/t Au, 3.2 g/t Ag, containing 690,000 oz. Au and 2,700,000 oz. Ag (Silver)
From my perspective, that is a decent amount of Silver. You can go through each property on the FFMGF website and look at the numbers.
Of course, the total potential cost to get it out of the ground and ship it to a mill is a factor here as well. This is a factor that FFMGF also considers when choosing their properties.
Recent FFMGF News
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