Need Greater than 0.50 gm/T gold

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Cal2000

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Need Greater than 0.50 gm/T gold

posted on Oct 20, 2011 05:03PM

We need a resource that is greater than 0.50 g/T. The Exeter Caspiche project in Chile has been languishing for some time based on a gold resource of 21.3 million onces of gold. The site also has copper and silver with an equivalent 35.9 million once total resource. As mentioned, the resource is huge but has had trouble supporting the economics for this project. ( Refer to the recently released compliant study )

The 1.0 g/T hypothetical number is a good basis to support a project. Let's hope it's higher to ensure that " beyond a shadow of a doubt " this project moves forward quickly.