200 ounces Au ?

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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cappysmart

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200 ounces Au ?

posted on Nov 13, 2015 01:36AM

Some 200 ounces of gold were recovered indicating a grade of about 0.3 ounces Au/tonne. This gold was immediately sold at market prices but the high transport and processing costs rendered the exercise a break even proposition.
$300,000 broke even?Jeez,can you recheck your numbers Peter.

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