presentation to melbourne mining club

From today...

http://www.kentorgold.com.au/admin/upload/2009%2011%2017%20KGL_November.pdf

The old values are every time nice to read...
- CashCost 220 USD/Oz
- Payback time 1 year
- Strip Ratio 0.8/1


New Andash Development Plan
- GRD Minproc appointed to update and
optimise the feasibility study
- 1.5 mtpa for first two years
- Expand to 3 mtpa in year 3
- Further metallurgical test work
- Potential to increase recovery
- Potential to increase concentrate grade
Especially the last two points could be very exciting...(plus the new drilling program :-) )

Construction time of 12 month looks very pessimistic...don't think we have to wait until Q3 2011...8 month would be more normal and then we have Q2 2011...


(don't miss to view the final Savoyardy assay report)





Cheers,
Sil