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# What is 0.3g/t of 300MT?

Hi

can someone tell me how much 0.3g/t equates to for 300mt? i.e. how many gramms for 300MT if 0.3g/t?

can someone tell me how much 0.3g/t equates to for 300mt? i.e. how many gramms for 300MT if 0.3g/t?

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Hi

can someone tell me how much 0.3g/t equates to for 300mt? i.e. how many gramms for 300MT if 0.3g/t?

can someone tell me how much 0.3g/t equates to for 300mt? i.e. how many gramms for 300MT if 0.3g/t?

Original Poster

I'm trying to work out the value of a mine. This is the information ... can someone break it down for me?

Initial estimates, by the Romanian exploration teams, related to the porphyry style mineralisation have indicated an exploration target of up to 3,000Mt of ore to a depth of 600m, at grades ranging from 0.4% copper ("Cu") and 0.3g/t gold ("Au") up to 0.8% Cu and 0.5g/t Au. The Romanian exploration team surmised that at a 10% conversion ratio from exploration target to a mineral reserve, the reserves may total 300Mt of ore and place it above the current operations of Cuprumin at Rosia Poieni.

Edited by:"EndlessWaves" 22nd Dec 2016Is this dragons den or something?

Original Poster

Something like that

Correct Mt is Megaton and correct figure quoted (Gold Star for Endless ). Taking this is a thought about an investment rather than a Geological question.

investegate.co.uk/vas…40/

Edited by:"cecilmcroberts" 23rd Dec 2016Original Poster

Yes. I calculated it at $29 billion and thought I may have been wrong but looks like a good calculation here.

Thanks Endlesswave and all for your inputs.