Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

Free
Message: The Plan of Development

Plan of Development

The Company plans to develop the Project by incrementally expanding the operation from

artisanal levels of production through to a profitable production level while concurrently

defining resources or reserves. The expansion, for the most part, can be funded from production

revenue, however some cash infusion will be needed at the onset.

Goals

Based on exploration results to date and the development plan, management has set the

following goals:

Short-Term Goal: produce 200-300 Tonnes Per Month or TPM, within an estimated three to

six month time frame (capital expenditure of approx. US$370,000)

Long-Term Goal: produce 50-100 Tonnes Per Day or TPD, within an estimated 18 to 24

month time frame (funded from production revenue)

11
Mar 02, 2015 05:50PM
8
Mar 02, 2015 07:48PM
13
Mar 02, 2015 10:10PM
12
Mar 02, 2015 10:25PM
13
Mar 03, 2015 12:22PM
Share
New Message
Please login to post a reply