I did some research on what percentage of gold got processed in the late 1800's/early 1900's, using stamp mills and simple sluicing of the product. About 40% yield, which means that the stockpiles contain upwards of 60% of the original grade. We could be looking at 200,000 ounces or more if they really did not get anymore than 40% of the gold the first time around.
And this is preprocessed ore. They don't have to drill and blast, just scoop it up and drop into a crushing/ball mill/gravity concentrator system.
The downside is no power on the property, so everything has to be portable, but if there really is that much gold they could quickly pay for installation of roads and power.
Recent PHD News
- Amundi US Declares Monthly Distributions for the Pioneer Closed-End Funds • Business Wire • 09/04/2024 08:05:00 PM
- Form N-PX - Annual Report of proxy voting record of management investment companies • Edgar (US Regulatory) • 08/28/2024 02:10:31 PM
- Form N-CSRS - Certified Shareholder Report, Semi-Annual • Edgar (US Regulatory) • 08/09/2024 04:07:39 PM
- Amundi US Declares Monthly Distributions for the Pioneer Closed-End Funds • Business Wire • 08/06/2024 08:05:00 PM
- Amundi US Announces Proposed Transaction Relating to Pioneer Closed-End Funds • Business Wire • 07/19/2024 08:05:00 PM
- Amundi US Declares Monthly Distributions for the Pioneer Closed-End Funds • Business Wire • 07/03/2024 05:05:00 PM
- Amundi US Declares Monthly Distributions for the Pioneer Closed-End Funds • Business Wire • 06/04/2024 08:55:00 PM
- Amundi US Declares Monthly Distributions for the Pioneer Closed-End Funds • Business Wire • 05/03/2024 08:05:00 PM
- Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds • Business Wire • 04/04/2024 08:05:00 PM
- Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds • Business Wire • 03/04/2024 09:05:00 PM
- Form N-CEN - Annual Report for Registered Investment Companies • Edgar (US Regulatory) • 02/09/2024 04:03:47 PM
- Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds • Business Wire • 02/06/2024 09:05:00 PM
- Form N-CSR - Certified Shareholder Report • Edgar (US Regulatory) • 02/05/2024 09:43:18 PM
- Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds • Business Wire • 12/18/2023 09:05:00 PM
- Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds • Business Wire • 12/01/2023 09:05:00 PM
- Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds • Business Wire • 11/03/2023 08:05:00 PM
- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 10/27/2023 05:15:08 PM
- Form N-CEN/A - Annual Report for Registered Investment Companies: [Amend] • Edgar (US Regulatory) • 10/25/2023 12:34:32 PM
- Form N-CEN/A - Annual Report for Registered Investment Companies: [Amend] • Edgar (US Regulatory) • 10/25/2023 12:17:04 PM
- Form N-CEN/A - Annual Report for Registered Investment Companies: [Amend] • Edgar (US Regulatory) • 10/25/2023 11:59:01 AM
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