PS: I too speculate (IMO) that the grade will pan out at more than 6.01# G/T come next September and that the processable ore tonnages will be
greater than than 50K then. But that's all IMO.
Keep in mind that a grade of 8.01 for gold sold in May gave LNY over 50% of the revenue with Maroon doing all the work with the exception of our
geo on site & drilling expenses. Drilling for the 1000 meters add seems to be about $50/meter* or $50K for the month.
All IMO only.
# YTD mid June grade is 8.3 G/T. We know from anns that there is grades up to 500 G/T for very small tonnages but the main game is overall
head grade mined and I'm pleased with that
* can provide a link if required for RC drilling
Ann: Agate Creek Gold Production Update, page-68
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