Mining Giant's Metallurgical Tests Find 85% Gold Recoveries in BC's Golden Triangle
- •Hey everyone, Just read this article about Seabridge Gold hitting 85% gold recoveries in BC's Golden Triangle.
- •Pretty solid news, especially for those of us with some exposure to mining or even just gold in general.
- •85% isn't too shabby at all for early metallurgical tests, which usually means there's room for improvement too.
Hey everyone,
Just read this article about Seabridge Gold hitting 85% gold recoveries in BC's Golden Triangle. Pretty solid news, especially for those of us with some exposure to mining or even just gold in general. 85% isn't too shabby at all for early metallurgical tests, which usually means there's room for improvement too. I've been keeping an eye on the Golden Triangle for a while now; it's definitely becoming a hot spot. Given the current economic climate, any positive news in the gold sector is good news for my portfolio, and frankly, my peace of mind as I get closer to retirement. My wife and I have been slowly building up our gold position to diversify, and honestly, seeing good operational results like this from major players always makes me feel a bit better about that decision.
I'm curious what you all think. Are any of you invested in Seabridge, or other companies in that region? How do these kinds of recovery rates factor into your investment decisions for mining stocks? I mean, 85% is a good starting point, but the cost of extraction and overall project economics are always the bigger picture. I've been doing a bit more research on gold lately, particularly how to properly incorporate it into a long-term retirement strategy, and even stumbled upon this Gold IRA Blueprint tool that helps you learn about different options for gold IRAs. It was actually pretty insightful for understanding the mechanics and tax implications, which can get complicated.
Anyway, hit me up with your thoughts!