potential ore

potential ore

[pə′ten·chəl ‚ȯr]
(mining engineering)
As yet undiscovered mineral deposits.
A known mineral deposit for which recovery is not yet economically feasible.
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The company has previously drawn attention to a report on the exploration potential of the area by its consulting geologist, Nigel Maund which estimates that "only 1-2% of the potential ore system has been explored".
While exploration today involves drilling and other modern techniques, Mazza said back then, it involved digging a potential ore vein with a "pick and axe" to see where it led.
The new capital spending plan prioritizes operating improvements at the Polar Division by maximizing high-margin production utilizing existing infrastructure; developing the greenfield Skalisty mine, with a potential ore capacity of 2.4 million metric tons (mt) per year; and expanding and upgrading the Talnakh concentrator into a "world-class" operation.
Once the total size and mass of the outcroppings are determined, the Company will then locate drill targets to determine the depth of the potential ore body.
Based on the drilling completed to date the following potential ore types have been identified (Figure 1, refer to link below):
EVENT: Kentor Gold Limited (KGL) announced that as part of the ongoing evaluation of Kentor's established resources at Burnakura (see Table 1), large tonnages of low grade material, adjacent to high grade resources that are being targeted as potential ore for Kentor's Burnakura CIL Gold Plant, have been identified.
These new intersections will be included in the updated geological interpretation and Mineral Resource estimate to be prepared at the conclusion of the 2011 drilling program, and represent a reclassification of waste to potential ore material.
is expanding its existing pit laterally and at depth at Fort Knox, and also looking for other potential ore bodies to mine.
As a small country, Macedonia is interesting also from the point of view of researching the potential ore deposits.
The company vice president for exploration, Robert Page, said, 'Following completion of our initial 49.8 million tonne, 0.92% copper equivalent resource estimate at Cobre Grande, we are continuing to build momentum by consistently intersecting potential ore grade mineralization while testing completely new targets.
The role of lithogeochemistry in an exploration program is to: 1) define the composition of the rock suite hosting mineralization; 2) use these compositions to define petrologic affinities, and thereby gain a better understanding of the depositional environment and conditions; and 3) to recognize alteration trends that can be used as vectors towards potential ore deposits.
By determining the proportion of potential ore material and its grade, the tonnages of ore and waste, and the amount of available gold were calculated for each block.

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