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Gold Prospecting
Hard Rock Gold Prospecting
107 Oz of Dunolly gold
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<blockquote data-quote="gardnep" data-source="post: 195064" data-attributes="member: 6235"><p>Most large companies are working at about 2.0 grams/ tonne and costs are about $1000 / oz. 1.2 g/t is a bit low but it depends on what the average grade. Alkane Resources at Tomingley are working on 2.0 g/t and have produced about 70,000 oz for the last year. Costs are about 800 - 1100 /oz. And they are profitable. trouble is i bought their shares that averaged $0.39 and sold them after the mining bust for $0.37. They are now about $0.27 like most of the share market. PG</p></blockquote><p></p>
[QUOTE="gardnep, post: 195064, member: 6235"] Most large companies are working at about 2.0 grams/ tonne and costs are about $1000 / oz. 1.2 g/t is a bit low but it depends on what the average grade. Alkane Resources at Tomingley are working on 2.0 g/t and have produced about 70,000 oz for the last year. Costs are about 800 - 1100 /oz. And they are profitable. trouble is i bought their shares that averaged $0.39 and sold them after the mining bust for $0.37. They are now about $0.27 like most of the share market. PG [/QUOTE]
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Gold Prospecting
Hard Rock Gold Prospecting
107 Oz of Dunolly gold
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