Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

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Message: Re: nice results
6
Aug 30, 2011 10:29PM
3
Aug 30, 2011 11:34PM

hi real,

About 2 1/2 releases per month. We will be comparable or better from now on.

Personally I will like to see long intercepts of gold, the grade doesn,t have to be that high.

For instance, its usually better to have 100m grading 1 g/t gold, than it is to have 1m grading 10 g/t. The former usually means a lot more gold because its over a longer area. The latter, if its the only intercept in a hole, is not as good because it means you have a narrow zone with no other mineralization. The former is also better, whereas you can open pit mine it cheaper than you can shaft mine 1 vein of low grade.

Rule of thumb;

1 g/t for open pit

7 g/t for shaft mining

take note; the above numbers are considerably lower at todays POG, but its adding safety by using them.

4
Aug 31, 2011 12:49AM
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