How is it determined that a mine has run out of gold?
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There’s never a “run out” just a lack of proven reserves. After finding a profitable vein and establishing a mine, Miners take thousands of core samples running in every direction trying to find other veins from the same area.
If the current proven reserves are exhausted before new profitable veins are located, the mine may be “mothballed” (temporarily closed) while geotechnical does work to locate more reserves.
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