SOLG ON FORUMS
https://www.mining-technology.com/news/chinalco-begins-work-1-3bn-toromocho-mine-expansion-peru/ 5 June 2018
Quote: "Toromocho contains 1.526 BILLION tonnes of ORE with average COPPER content of 0.48%, an average grade of moly of 0.019% and an average grade of silver at 6.88gms per tonne."
<>"Chinese co*s are expected to invest up to $10 bn in sectors including energy and mines, telecommunications, construction and financing over the next 3 years, said China*s Ambassador to Peru." 1 hr ago, 5 June 2018
Comment:
The above is one of the copper projects moving along now.
Solg forum appears to have discussed about the grades etc.
Looking at Solgold*s Announcement: "Maiden Mineral Resources Estimate, Alpala, Cascabel" on 3 Jan 2018 - Indicated and Inferred 1.08 BILLION @0.68% [7.4Mt Cu Eq] at 0.3% Cut-Off, some 40% of which is in the Indicated category [by tonnage].
Link: www.solgold.com.au
So just to illustrate ACTUAL ON THE GROUND grades/projects taking off eg Chinalco in Peru.
So Solgold*s grades [SEE ABOVE vs Chinalco] is not bad at 0.48% [Chinalco] vs 0.68% Solgold*s Alpala.
Please check.
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