Is that good Midnight?
(and, as an aside I was grateful for your objective analysis over at GBR recently - thank you )
In regards your first post . ....
I just tried to look up “paleo channels” and found this opinion from last year talking about super gene inducement in regards Sunrise Dam .
The bit I did understand was that such deposits can provide a strong economic boost early in the life of a mine - something Gascoyne could well do with due to its current challenge of getting through lower grade levels to access better gold.
Anyway here is an excerpt from the story and I would appreciate it if you could further enlarge -objectively - on what this might (or might not) lead to.
“.......Clearly gold grain morphology can shed a lot of light on the origin and genesis for sediment hosted gold, and can be used as an effective exploration tool.
Sediments within a palaeochannel that crossed the Sunrise Dam Gold Mine (SDGM) were found to contain significant quantities of gold. The fluvial sediments within this palaeochannel system were deposited during the Eocene (58 - 37 million years ago). Mining of palaeochannel material produced approximately 450,000 ozs of gold for the Sunrise Dam Gold Mine. Sedimentary ore styles, such as this palaeochannel, have favorable economics as they are both cheap to mine and process due to the free digging of the sediment, and ease of gold extraction. This type of ore occurs at the top of a deposit, it is accessed first, and therefore can provide a strong economic boost early in the life of a mine....”
