Geology Help!!! I don\'t know how to do the last question d). The second photo h

Question

Geology Help!!! I don't know how to do the last question d). The second photo has the information needed to solve.

GEL 50 Homework 2 Use the above information to answer the following questions. Turn in a neat solution and show your work. You can either use the space below or prepare your answer on a separate sheet. A. Determine the volume of the ore deposit. Vol of OVE depost = length x tolth X NICENEJS Length (D) = 75 m - 5 m x 1500m x 2 m width (D2)- 1500m | 215,000 m + nickn PSS 2 m E LYVU O Unces /m B. Determine the total mass of gold in ounces. (gold has a density of 19 g/cc) Vol of gold im we de pont 1 Moss of gold - V gold * density - 1215,000m * 0.02 (. - 45 x LEO0 ou nies lyf - 45m | 366 , UUD Gunues C. Determine the value of the gold. Assuming a value of $1348.10 per ounce (the price on 1/30/2018), what is the value of the deposit? valve = mass X pne - 306,000 oun, ces > 1, HR. 10 / oun te |-$4|2,518, 600 D. Assuming that the mine will cost $150 million, is it worth it to open a mine? How much money will the company expect to gain or lose?

Explanation / Answer

From answer of question 4, we know that the value of ore is $412,518,600 but the cost to start mining is $1,000,000. So it is profitable. So, the profit is $(412,518,600-1,000,000)=$411,518,610

Related Questions

Navigate

• Browse (All)
• Browse G
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.