Global Gold Mines and Deposits-Rankings 2012
posted on
Aug 24, 2012 11:43AM
Here is something you might like to know. How rare are 1 million + OZ Gold Deposits . There are ---439 --- mines of one million or more oz, in the world , not all are working mines. The average grade of producing mines is 1.06 grams per ton, for all mines the average grade is 0.82 grams per ton, the average grade for a undeveloped deposit is 0.66 grams per ton. That is a 37% drop from producing to a undeveloped mine . of the 439 mining deposits, there are a fair share that will never be mined for a lot of reasons. By looking at this, U.C with 225,750 tonnes of Tailings with a Grade of 2.0 g/t gold and 220 g/t of Silver, that is just the old Tailings! when they drill and find anything with really good grades , i think we will have hit a home run. If you would like to read the whole thing, go to the Gold Forum at Aug-22 at 11:00 and look for Global Gold Mines And Deposits -Ranking 2012. there is alot of other info you might like to read to.
TO THE MOON ALICE is what I say!
Drill, Drill and hit the sweet spot!
Cheers
W.C. Guy