Just to give you some ideas of the value in something everyone can recognise. If the grades (low end) all come out the way the prospectors were indicating in 2010 . . here's the output for a shallow open cut.
Joyce if she was an Open Cut - Olympic Swimming pool size. 10 lanes, 2 metres deep and 50 metres long.
Len
Wid
Dep
Cmtrs
SG
Perc
Pure tonnes
$per tonne
Total Value
1
Cobalt
50
10
2
1000
2
0.004
8
49000
$392,000.00
2
Copper
50
10
2
1000
2
0.005
10
6600
$66,000.00
3
Nickle
50
10
2
1000
2
0.002
4
15000
$60,000.00
4
Gold
50
10
2
1000
2
0.00001
0.02
64000000
$1,280,000.00
5
$1,798,000.00
Take the gold out as that blows the number away, but a shallow tiny swimming pool is half a mil in minerals.
And there is much more than an olympic pool in there . .Gets viable fast in a multi metallic dig.
