With the introduction of diesel powered loading and hauling equipment, a number of Australian mines producing less than one million tonnes per year from shallow orebodies have been dev- eloped by decline. This method of entry has the advantage of providing both flexible access and early prod uction. However, as the depth of mining increases so does the operating cost of haulage, due to the need for more trucks. This cost, together with increased capital requirements for both equipment and infrastructure, leads to the point where the alternat- ive of shaft hoisting must be con- sidered. With an established decline it is possible to provide an ore hoisting shaft using a drilled raise with subsequent stripping to a suitable size. Using DCF techniques and known equipment operating and capital costs, an economic comparison of the two systems is made to determine the limit- ing depth to which truck haulage can be used.