PXG 0.00% 15.0¢ phoenix gold limited

Well lucky we have you round C.U.B to keep reminding us how bad...

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  1. 6,287 Posts.
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    Well lucky we have you round C.U.B to keep reminding us how bad that average grade is 1.7g/t for the mill grade ore(less for the heap leach) ...lets hope the next round of drilling will lift that above 2g/t

    The biggest gold miner in NZ OGC.asx has their largest NZ project round 2hrs drive from my house
    average grades from recent years has run from 1.07g/t to 1.67g/t ..they have produced some 4moz since 1990
    all low grade ..new exploration 1.2g/t to 1.5g/t...AISC $913usd .....so grade is king right ? can't survive in Aussie without it ??
 
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