Quote:
Originally Posted by calgarygeologist
Keep in mind that the 20-40 million tonnes being reported is likely the booked resource number (ie. what the geoscientists believe is in place based on extrapolation of earth science data.) The reserves, which is the amount that can actually be produced, is generally significantly less. Having never worked in hard rock geology I don't know what the numbers could look like but reserves could be less than 10% of resources.
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Ya, Street Pharmacist's link doesn't say if that 20-40 is recoverable after processing, or presumed percent of rock volume, or what. I don't think that is hard rock though, is it? I just assumed it was the amount they could produce from the resource after processing.