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Re: Amadeus4153 post# 13816

Tuesday, 02/07/2017 12:08:12 PM

Tuesday, February 07, 2017 12:08:12 PM

Post# of 47639
Yes. Companies producing at levels less than a g/ton typically spend a decade testing, drilling hundreds of drill holes, and conducting extensive metallurgical tests before plunging into mining. Someone mentioned Argo's Castillo mine......they spent a decade evaluating the property before taking the plunge into mining. The cost to produce approaches $1000/ounce.

To think that Mexus can mine and produce gold at a cost of $400/ounce without doing any credible exploration or feasibility....is nuts.