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“Back pre-1970s, I’m guessing a lot of copper was coming from a lot higher-grade mines … as we’ve been mining more and more of these large-scale deposits that are low grade, the cost on a per-pound basis has gone up.”
Definitely higher-grade than expected.
Source: https://steelersdepot.com/2023/12/steelers-vs-patriots-week-14-pff-grades-and-total-snaps/
Limited shallow historic drilling on both projects encountered weakly anomalous gold but, importantly, was too shallow in the epithermal system to adequately test for higher-grade mineralization in the boiling zone at depth.
The encompassing halos and higher-grade mineralized chutes within, remain open for expansion to surface and to depth.
Source: https://investingnews.com/grid-battery-metals-exploring-highly-prolific-lithium-assets-in-nevada/
The proposed measures include stricter security requirements for problematic vacant buildings, including the use of higher-grade boarding materials, security fences, cameras, and security patrols.
Thicker and higher-grade mineralization intersected closer to the surface as anticipated.
Source: https://investingnews.com/international-lithium-announces-engagement-of-red-cloud-securities/
This is a ~500,000-ounce per annum operation, with over 16 million ounces of gold resources, and an average underground grade of ~9.0 grams per ton of gold, but i-80 appears to have the higher-grade deposit to the southwest.
Source: https://seekingalpha.com/article/4582336-i-80-gold-buy-the-dips?source=feed_all_articles
Through trenching and excavation for the sample we have unearthed historic workings that clearly were focused on higher-grade mineralization, this will provide us with key information to aid in future targeting.
Within the southeastern portion of the Santa Fe deposit, higher-grade gold and silver resources may positively influence project economics.
Source: https://investingnews.com/barrick-reports-stronger-q4-gold-production/