Remember the old mine. I am wondering why we are not seeing this material going through the mill. The Hinge bulk sample was probably the biggest reason that I invested so heavily in the Rice Lake Story and all we are getting is developement muck
Highlights and Observations of the Hinge Zone Bulk Sampling Program include:
5,938 ounces recovered from 11,762 tons mined and processed.
Stoping grades of 21.7 g/tonne (0.63 oz/ton) and development grades of 16.9 g/tonne (0.49 oz/ton).
Main Hinge lens #1 grades 26.3 g/tonne (0.77 oz/ton) in stoping and 21.2 g/tonne (0.62 oz/ton) in development.
Bulk sample operating costs averaged Cdn $59 per ton for mining and Cdn $19 per ton for milling, for a total direct
operating cost of Cdn $78 per ton, excluding capital expenditures and exploration drilling.
Total direct bulk sample operating cost per ounce of gold produced is Cdn $184 per ounce or approximately US
$158 as at June 30, 2009.
http://www.sangold.ca/i/pdf/2009July14-NR.pdf