I was also less than excited with the Ester Au and Ag numbers so far, but I assume they expect the resource to increase with further exploration. 4.7gms/tonne doesn't seem huge as the best sample result, but if the average is enough and in sufficient quantity, then it may become workable, particularly since we seem to be dealing with tailings again. I'm not too conversant with Tin and Tungsten but I did notice that both are roughly as valuable as Vanadium, so I don't think $100k is too much to… Read More
Been reading over the recent Ester RNS. Looking at the levels of metals in the dumps I'm struggling to understand how they are that valuable to us. I'm assuming that G/T means grams per tonne of waste. If you take the silver content: Silvieras - 2.6 g/t = $1.5$/t Drave - 1.2 g/t = cents 70/t Regoufe North - 46 g/t = $27/t Regoufe Mine - 20g/t = $12/t Interchange -11 g/t = $6.5/t I don't know how much it costs to extract from a tonne of waste, much less the cost of building a… Read More
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