iHub Mining Sector Entrance Lobby

[echarter]

Them's pretty high grade tailings. It costs little to process. About $3.5 a ton if they do it right on high tonnage.

With only 60,000 tons of high grade they will no doubt do it differently than grass roots. Probably concetrate on-site and off site process the con. With a 5 gram recovery they can maybe make a 150 gram con or better depending. Every case on its own merits. Rich cons will take custom milling.

Wait and see. My guess is it will cost them 20 bucks a ton, but I dunno. They could work ultra cheap if they don't get tied up in technical knots. It may cost 250K just to drill it off. I drilled 16 holes in a tailings pond last year and it cost me 16K dollars. That was with drill manufacture and a lot of other expenses. It should have been one third of that or less.

EC<:-}