Mar. 17 at 10:22 PM
$FURY “12 g/t gold grade ranks as very high to exceptional in gold mining, far exceeding typical economic thresholds for open-pit and underground operations.[discoveryalert]
Grade Benchmarks
Industry standards classify gold ore grades as follows:
• Low-grade: Below 1-3 g/t, common for large-scale open-pit mines where volume compensates for lower concentrations.
• Medium-grade: 3-8 g/t, viable for many underground operations.
• High-grade: Above 8 g/t, attractive for profitability with lower tonnage needs.
• Exceptional: 10+ g/t, described as “exceptional” and capable of significantly boosting project economics, especially in near-surface deposits.[physicalgold +1]”
