Let’s set up a thought experiment: Suppose you had some material that ran one ounce per ton gold, which is generally considered high grade to fantastic grade depending on the circumstances.

This is the point where you might ask, “What do these types of contracts typically look like and how are they negotiated?” Well, that is the topic of this month’s article.

It is not necessary to have a PhD in geology, but you need to know the basics, so that’s what I am going to try to dig into here—the understandable basics of these gigantic gold deposits.

One of the issues that prospectors run into when working to upscale from micro-scale hard rock testing to a greater production output, is that they often confuse individual devices or machines with systems.