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Re: stlogic post# 18597

Saturday, 09/29/2012 2:37:09 PM

Saturday, September 29, 2012 2:37:09 PM

Post# of 24267
What info specifically are you looking for in regards to silver potential?

We know that where they are mining they are finding around 15 to 1 silver to gold by weight, but accounting for recovery rates, they are recovering about 10 times as much silver as gold. They've identified (for reporting purposes) over 20m ounces of silver.

Silver to gold ratios are pretty constant on the south end of the Comstock Lode, but as you move up into Virginia City (of which they only control about half the mining claims), the silver ratios can go through the roof.

I find the mix to be a nice compliment- they have good solid gold grades, and plenty of silver to back it up. Around 2/3 of the value is coming from gold in their ore, which creates a nice balance.
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