NAG 0.00% 1.1¢ nagambie resources limited

Becoming a gold producer (again), page-12

  1. 3,140 Posts.
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    This little equation has change a bit in the past few years
    From the Golden Camel website:

    GCM Processing Plants – NJV Toll Treatment

    The proposed ore processing facility is a Zero Release Operation Facility.

    The proposed future toll treatment plant will have the capacity to process 300,000 tonnes of ore per annum using proven Carbon in Leach (CIL) technology to extract gold and silver.

    The waste rock (tailings) will be stored in geotextile tubes (geo-tubes) and dry-stacked in a tailings storage facility that eliminates the risks associated with traditional storage of tailings in large dams. The facility will operate 24 hours a day.

    So now we have 300,000 tones instead of 180,000 (up 67%)
    and the POG is $100 g/t instead of $76 (up also 67%)

    Don't forget the antimony!

    I think GC can be pretty selective who they get their money from with those numbers


 
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