SVY stavely minerals limited

Ann: Large Breccia System Discovered at the S41 Prospect, page-20

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    SOME METALLURGICAL ASPECTS OF THE KIDSTON GOLD MINE

    https://www.ausimm.com/globalassets/pdf-files/publications/9-86_gold-exploration-and-development/9-86_bartrum.pdf

    from the technical paper....

    "Kidston Gold Mine is a 3.5 million tonnes per year operation located 280 kilometres west of Townsville, Queensland. Kidston's ore body consists of 44.3 million tonnes graded at 1.79 grams per tonne gold 'and 2.22 grams per tonne silver. Full production commenced in March, 1985. During the remainder of 1985, Kidston milled 3.77 million tonnes of ore and produced 213,614 ounces of gold. The ore is comprised of granodiorite, polymictic and volcanic breccias. The degree of oxidation of the rock influences the milling capacity and therefore determines the cut-off grade; ore is categorised as oxide, transition and fresh. The milling rates are 15,400, 12,000 and 9,600 tonnes per day for oxide, transition and fresh ore respectively."

    Therefore, at today’s gold price, Kidston Gold Mine annual production (in 1985, 213,614 ounces) would be worth $650 million per year.

    Plenty of upside for S41 resource!!!!!!!

 
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