Re: Report: Silverado Gold Mines Ltd. - SLGLF/GRIM
in response to
by
posted on
May 13, 2010 10:35AM
It further stated that 5 drill holes were assayed at .039 oz/ton (1.2 grams). That equates to 3.9 oz/ 100 ton. What do you think their per day production capacity will start out at? 200tpd? 1000-tpd? At todays prices, 2000tpd would be worth about $100,000 minus production costs. That area doesn't look that good to me, although it falls within a range to justify mining with most other companies, albeit with larger production capacity. $$Ka Ching-Ka Ching$$ seems like a stretch !!!!!! JMHO. Any other thoughts on this?????? There are other areas more suited to mining within the Nolan. Maybe this area is better at greater depths?