How much gold per month will we produce from here ?
Integra , after commissioning, produced 4,000 ozs. and 5,400 ozs. in the following two months - using some of their highest grade ore of approx. 3.3 gms./ ton
Noble’s tailng’s grade is currently slightly over 1gm./ ton – but if the rate being processed by a substantially larger plant is say twice to 3 times the volume then the gold production would become quite respectable.
It is planned to utilize the low cost shallow depth nearby tailings for the next two years – there is sufficient volume for this we are told.
This being the case the timing problems with getting part of the crusher through customs off the wharf in ghana is not at all critical.
We must always expect some problems with startups
- but it looks to me that the company is now on the way to becoming an established gold producer.
and at currently half the share price of intergra (a wa. Mine of comparable size and production costs, which I regard as a gold mine of very good value at its current share price.)
GK.
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