pay ore

pay ore

[′pā ‚ȯr]
(mining engineering)
Ore which can be mined, concentrated, or smelted at current cost of exploitation profitably at ruling market value of products.
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References in periodicals archive ?
A bench mark was reached this week, as the mining team began to stock pile pay ore at the processing site.
The mine geologist has completed the survey for various claims, and already intersected PAY ORE in over half of the pit surface area.