Re: Self Directed Investor Interview
in response to
by
posted on
Jun 07, 2009 02:03PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
...thinking positive, if we can extract 300 tns /day from the hinge and the 25 grms a ton mill head hold up then we are looking at 240 oz. Rick mentioned another 500 tns /day from the deeps at least 1/2 oz /tn which adds 250 0z for total of 490 oz. I think these are conservative #, as Rick said the 7000 tn bulk from the hinge was not a true reading , because you require the mill to operate at higher tonage to get a more accurate reading, hence he said the hinge will likely be around .8 to one oz /ton. Rick also mentioned that the deep ore was close to 1 oz,/ton. San could then on the conservative side produce 10,000 oz on a twenty day a month cycle x 6 remaining months, or 60,000 oz for 2009. Rick also mentioned that the reserve ore was proving up high grade and was not being up graded to measured as they were mixing it in the mix with good results ,. Traps7