GWR 2.33% 8.8¢ gwr group limited

jewell of the mid-west, page-3

  1. 871 Posts.
    VEGAN

    QUOTE FROM MINING NEWS
    Very significant results indeed in both widths and grades eg 82m at 63.6% iron from only 16m depth

    BUT THEY DID NOT SAY
    stripping/ore ratio will be very low by industry standards 2:1.
    YOU SAID THAT WHICH IS CONTRARY TO WHAT GWR SAYS.
    where did you get that from from?

    QUOTE FROM GWR
    The unit is characterised by narrow high grade hematite mineralisation. High grade hematite deposits have been outlined at the Joyners Find and Bowerbird Prospects.

    narrow widths would have a stip ratio of 6:1 = very uneconomical to mine.
 
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