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2.2¢ savannah goldfields limited

Ann: Agate Creek Gold Production Update, page-71

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towie

35,149 Posts.

961

28/06/19

11:45

Post #: 39285478
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Originally posted by moorookamick ↑

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

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Hi He is just a Time Waster. As we all know that no matter how hard one tries you can NOT put Brains into Donkeys or bloody Monuments Cheers Towie DYOR

LNY Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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