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What does PPM (Parts Per Million) mean?

 

(When applied to Gold)

 

All of the ACE MINES have a concentration of Gold in at least the medium of 30 PPM, and in some sections, as high as 60 PPM.   So, if the medium concentration of gold is 30 PPM, this could be explained as such:

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The gold concentration in this mine is 30 parts per million (PPM). This means that for every million parts of rock, there are 30 parts of gold. In simpler terms, this equals 30 grams of gold per ton of rock, or about 0.96 ounces of gold per ton.  If we round off the figures, it means – ONE OUNCE OF GOLD PER ONE TON OF ROCK.

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To understand the value:

  • The current market price of gold is approximately $2,634.00 per ounce.

  • At ONE ounce of gold per ONE ton of rock, each ton of rock contains around $2,634.00 worth of gold.​

 

For comparison, gold mining is considered economically viable with a concentration as low as 3 grams per ton. With 30 grams per ton, this deposit is 10 times richer than the minimum economic threshold, making it an exceptionally profitable opportunity.

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This high-grade deposit has significant potential to generate substantial returns for investors while maintaining a manageable extraction process. If developed correctly, the ACE MINES can yield extraordinary results.

 

THUS, in the following picture,

for every 200 ton truck load of

ore that is mined, the gross gold

value is: $526,800.00.

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200 TON TRUCK-2.png
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