CDV 1.14% 43.5¢ cardinal resources limited

Ann: Cardinal Intercepts High-Grade Shallow Gold at Ndongo East, page-9

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  1. 2ic
    1,317 Posts.
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    They have 25m strike of decent grade and modest thickness lol. Sorry, not going to pay for 50m overburden, a pit so small couldn't turn a truck around then build a haul road and truck 25km (as the crow flies) to the mill. Just my opinion from my experience, maybe the high gold price has changed the economics since I was in the game, doubt it in this case.
 
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