We'll all know within 4 weeks.
Personally I can't see the Indonesian Authoritories delaying Talang Santo
further because it sounds like KRM has met all the requirements and that
the local community is in favour of an early restart. ( Miners are working
on half time)
I could appreciate your skepticism if the community was against the project
but in this case, the mine is the chief local source of income.
From what I know about Way Linngo, I believe that there is an option later
to divert the river rather than mine under it. Perhaps someone with more info could comment.
From past drilling, a the rich silver vein (3600 g/t) with lower gold,
has usually high gold content underneath . Feedback
from my questions seems to indicate that the propability is high that there is
higher gold content under the high silver vein top. Also drill results in clay-quartz tend to be lower than the real thing because of drilling washout ( see
previous KRM ann.)
Narrow vein mining, although more difficult than open pit, is away more economical. For example an open pit mine with say 1.5 g/t has to quarry
30 times more rock than a UG operation with say 9 g/t narrow vein UG operation
(open pit has usually 5 to 1 overburden)
With the cost of electricity and quarrying nowadays, the UG operation is away
more efficient;( kind of like open heart surgery vs keyhole).
Cheers
Moorookamick
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- Ann: Way Linggo Project Update
We'll all know within 4 weeks.Personally I can't see the...
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