Ann: ABM's First Gold Pour, page-20

Hi mark re: your comments Will be a little more, but 8500 tonnes of low grade ore if all processed at .04 g per tonne = 340 oz add a little for small qty of med and high mixed in. I also believe though, from memory that the low grade material is not what we mined recently.
I don't get you or your calculations here??? see below

second comment : gold in circuit according to Tanami Gold" LAST OPERATIOAL REPORT " operational report is about 1800 ish oz.?
does this seem logical after you read below , if so can I buy your car as there is probably a sht load of cash in the boot


mark h ? Tanami is prepared to sell coyote to ABU for $3,000,000 au , do think they would also say by the way we have left a 1,800 oz gold bonus in the system for you because we could not be bothered recovering it when the plant was shutdown for years, a conservative 70% could easily be recovered say 1260oz x $1530 au=$1,927,000au less payment of mill strip crew.

It would be safer to presume coyote plant requires full saturation and have 30% margin built into totals as a maybe.

From today's report 8500 t through put and stated indication of grades .
To date mainly low-grade ore (less than 4g/t gold) blended with limited medium grade (4 to 10g/t
gold) and high grade (>10g/t gold) ore parcels has been fed into the circuit for commissioning​

purposes.
8500 t through put
mainly low grade ore less than 4g/t say 80% @ 2.5 g p/t 6,800t x 2.5g=17,000 g @ 97%=16490g =532 oz
limited medium grade 4-10gp/t say 10%@ average 7 gp/t, 850t x 7 g =5,950g=192oz@97%=186 oz
limited high grade ore 10g p/t & higher say 10% @ 15 g p/t, 850tx 15g =12,750g=411 oz@97%=398 oz
total theoretical 1,116oz (34,625 grams) from 8,500 t = average grade p/t of 4.07
less theoretical plant saturation number ? pick one
salt