Look at this NR from Paramount where they have drilled the waste dumps from the Sleeper mine in Nevada. Look at the grades and how they think they are economical, then compare the low grades to if we have .99 g/t in the anomaly. Just some speculation and something to think about. But my point is, we dont need really such a high grade to be economical. And if the world needs gold, there are a lot of these type of projects that will come on line as the POG increases. If we have high enough grade, we will most likely be sought after by a lot of interests, when you see this type of thing starting to happen, where the tailings are being redone.
Paramount Gold and Silver Corp. (NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ)("Paramount") announced today highly-favorable assay results from 65 holes drilled into the waste dumps located on its 100%-owned Sleeper Gold Project in Nevada, including a 45 meter intercept grading 0.558 g/T of gold, a 24 meter intercept grading 0.754 g/T and an 18 meter intercept averaging 0.963 g/T.
http://www.marketwire.com/press-release/drilling-confirms-resource-potential-waste-dumps-paramount-gold-silvers-sleeper-nevada-nyse-amex-pzg-1615860.htm
IMO