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Gold Prospecting
Small Scale Gold Mining
how much gold/tonne to make a profit
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<blockquote data-quote="Zengeo" data-source="post: 440208" data-attributes="member: 9979"><p>Ben,</p><p></p><p>You look into this at all? What was the result?</p><p></p><p>The rule of thumb for large U/G mines is they become profitable over about 5 g/t. </p><p>A small show mined by a couple of guys would want higher grades because you don't have economies of scale on your side but anything from about 1/2 Oz up (roughly 15 g/t) should make good money. It'll be hard work though and cost a fair whack up front. If the orebody reaches surface, it's cheaper to dig down on it (open pit) even though you're moving a lot more tonnes of waste to get at the ore. </p><p></p><p>Give us an update anyway and if you want a Geo's opinion, feel free to PM me :Y: </p><p></p><p>All the best,</p><p>Zengeo</p></blockquote><p></p>
[QUOTE="Zengeo, post: 440208, member: 9979"] Ben, You look into this at all? What was the result? The rule of thumb for large U/G mines is they become profitable over about 5 g/t. A small show mined by a couple of guys would want higher grades because you don't have economies of scale on your side but anything from about 1/2 Oz up (roughly 15 g/t) should make good money. It'll be hard work though and cost a fair whack up front. If the orebody reaches surface, it's cheaper to dig down on it (open pit) even though you're moving a lot more tonnes of waste to get at the ore. Give us an update anyway and if you want a Geo's opinion, feel free to PM me :Y: All the best, Zengeo [/QUOTE]
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Gold Prospecting
Small Scale Gold Mining
how much gold/tonne to make a profit
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