Re: How about something new?
in response to
by
posted on
Aug 22, 2014 10:40PM
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
It appears that someone has been mining it. According to the news release that was put out in December 2012, it was stated that some Marcial guy was mining it??
-Explore for high-grade gold in deep, down-plunge extensions of the steeply-plunging gold-bearing “ore shoots” in the A-4, C-2 and Poderosa veins. The “ore shoots” in these veins were thoroughly exploited by independent miners in past years, but production was limited to a few tonnes per day (Marcial Portocarrero, 2012).
-Subject to the availability of additional capital, St. Elias intends to complete the National Instrument 43-101 compliant resource estimate on the waste rock dumps [by mid-2014]. These dumps are unusual because they were left behind by informal miners who rejected any material that was visually estimated to grade less than 15 g/t gold (pers. com., Marcial Portocarrero, 2012).
http://steliasmines.com/?p=1894
pers comm