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FL

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FL

Re: Ed Monton post# 635

Thursday, 07/29/2004 3:23:26 AM

Thursday, July 29, 2004 3:23:26 AM

Post# of 2138
Aren't double-digit grams/ton high-grade? Although Glencar had a nicer 12 meters of 12 g/t, Moydow had 2m of 18.25 g/t and another 2m of 12 g/t; also Moydow's 21m at 3.96 g/t, though maybe not "high grade," seems not bad. Generally the place is turning out to be "auriferous".

I've heard that "high-grade" could mean: anything worth digging an underground mine for (as opposed to Open Pit, which can make good money off of low-grade gold ore even below 1 gram/ton). But that would depend on the gold price and on overhead and processing costs.

FL

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