"The lowest grade mine was Evolution’s Ernest Henry (EVN) processing an average head grade of 0.56 g/t". (mind you they had some copper credits which increased the grades). IMO it all depends on the AISC/oz. with lower grades, you need a huge quantity to process. Currently, only 13% of the 65,000m drilling has been reported. if we extrapolate from here, the resource will be doubled at least. Using bulk mining with HL can be much cheaper than other methods. Well, I guess, only the PFS can give us better metrics.
STN Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
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