High Grade & Low Grade - Aussie Stock Forums

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  1. #1

    Default High Grade & Low Grade

    Hi guys,
    How we actually define in gold,zinc,nickel, copper, & oil measurement in drilling result to be high grade or low grade?
    in uranium, What I've come across is; if it's > 20kg/ton is considered as high grade.

  2. #2
    dj_420's Avatar
    Join Date
    Apr 2006
    Central Coast

    Default Re: High Grade & Low Grade

    it all depends on how deep it is, how much is contained in the deposit, type of mine needed to extract deposit, infrastructure etc etc.

    it would however be a good idea to complete some sort of a table with various metal prices showing correlation with financial viability etc. i might have some sort of a go at doing this.

    i also suggest reading the mining valuation handbook by victor rudenno its got some good stuff in there relating to that. im pretty sure joe has got it in the ASF bookshop.
    Money isn't real George, it doesnt matter... It only seems like it does (Blow)

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