These figures came from Dr. Webb this June.
At a cost of less than $20/oz, Tyhee may have one of the lowest gold exploration/discovery costs in Canada.
|
Item
|
Number
|
|
Total holes drilled
|
958
|
|
Total metres drilled
|
208,640
|
|
Total Resource
|
2,216,000
|
|
Total Reserves (recovered)
|
811,200
|
From this it is possible to calculate:
|
Item
|
Ounces Gold
|
|
Resource/metre drilled
|
10.6
|
|
Reserve/metre drilled
|
3.9
|
As diamond drill direct costs are somewhat below $100 per metre in this environment, with geology, assaying and support cost nearly doubling the direct costs, it can determine that:
|
Item
|
Direct Cost
|
Loaded Cost
|
|
Cost/Resource ounce
|
$9.43
|
$18.87
|
|
Cost/reserve ounce
|
$25.64
|
$51.28
|
