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.

On my weekends off I spent many hours dredging the Second Broad River from Cane Creek Road up to the headwaters. I used a three-inch dredge with air and graduated to a five-inch with air.

He had meetings with Honduran officials at all levels, set up a new corporation called Raptor Mining in El Corpus, Honduras, and is in the process of establishing a non-profit called “Step Up for Honduras.”

For simplicity, I will assume that you wish to make enough profit so that you can comfortably pay your bills using just the profits from the mine.