OwenT
Hero Member
- Thread starter
- #21
1.5 g/ton !! That seems like way too little to be worth going after. I have identified mines with free milling ore that reported assays around $100+ Au/ton ($20/oz I think).
What is the standard for an assay anyway. I feel like it's similar to accounting where you can manipulate things to have them say what you want. Obviously reporting inflated assay values is good for getting investment and surely many people lost their shirts through mining scams, but there must have been some kind of standard. It must also depend a lot on the structure of the deposit too. I imagine there are many high grade veins being very narrow while lower grade might be wider and have a higher volume of ore. In the case of a narrow vein, lots of worthless rock must also be moved to have room in the tunnel to get further in.
What is the standard for an assay anyway. I feel like it's similar to accounting where you can manipulate things to have them say what you want. Obviously reporting inflated assay values is good for getting investment and surely many people lost their shirts through mining scams, but there must have been some kind of standard. It must also depend a lot on the structure of the deposit too. I imagine there are many high grade veins being very narrow while lower grade might be wider and have a higher volume of ore. In the case of a narrow vein, lots of worthless rock must also be moved to have room in the tunnel to get further in.