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Message: Re: White Tiger Announces Start of Long Hole Production at Lamaque

What does this mean?

Well..at 2000tpd...with head grades as below...at 94% recovery you can see our ounces per year. I think Peggy was getting head grade around 4? Only question is...what is the cost per ounce?

TPD

Days

Tonnes per Year
2000 365 730000
GPT OPY
2.5 55155
3 66186
3.5 77216
4 88247
4.5 99278
5 110309

Just a reminder about where our OPY could be headed...

Savkino (were on target for 20K ounces 2011). Weren't they looking to double their capacity by 2013? Correct me if I'm wrong.

Nasedkino (starting to pour 2014?) then 80K opy.

San Juan 25K -30K opy

Lamaque prob 125K opy by 2014 (maybe 75K for 2012)

I think that's why we're looking at 125K opy 2012 ramping up to 250K opy 2014/2015

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