Looking good. MXR are gonna treat 100 lcm / hour in a 24h/day operation.
Preproduction is scheduled to start in about a month. September quarterly should look good with Sellheim being in full production and accumulating cash.
Kevin Wills is currently talking to a mining engineer regarding Sellheim's production capacity. I suppose with all those nuggets scattered in the alluvials it should be possible to ramp up the production target to around 26.000 ounces a year ( possible revenue of 26M$/year = 6,5M$/quarter).
Next update on Bird in Hand, ERO drilling and Sellheim shuld be out soon. Haven't heard much of the Shephard drilling and the Canegrass EM survey lately, maybe we'll get some results or updates on them by surprise. Let's see.
Cheers
MXR Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
