proven up average grade of 3g/t?
It seems most right now have average grades closer to 1g/t, such as Detour and Osisko. My feeling is if we prove anything north of 2g/t then we will be off to the races.
Look at MC of Osisko and Detour both having average grades closer to 1g/t, with estimated deposits of about 10 million ounces. Imagine if we prove up 100MT at greater than 2g/t just in that small area, at 600m depth, knowing it goes deeper and a whole lot (many kms) longer. Do you think we might have a deposit over 30 million ounces? Is that possible?
Maybe I can retire in 4 years? That would be sweet!
:) Skier