Ann: GEO-01 Gold Mineralisation Strike Doubled - Minyari Project, page-24

Food for thought on grades over 1g/t

1,000,000 tonnes of dirt moved for Yr
Thats 83K tonnes per month, or 21K tonnes per week or 3000 T per day.
A SINGLE 200T truck would only need 15 loads per day to reach that target

1 million tonnes X 1.2g/t avg - 1.2 million grams of gold

1.2 mill g = 42328 ounces

42328 X $3543 (ounces at todays gold price) = $149 968 104.00

Rough estimate of ONE truck doing half its capacity load per shift 12hrs (most should make 25-30 loads) and if 24hr operation, double that again.

Imagine a fleet of 6-10 trucks? Two loaders or diggers and open pit??

Just a value realization on those who call such grades "low" .......very economical....

(waiver understand it wont be 100% recapture rate - for rough guide only)

Bit of fun to look at it at in another perspective