.2g/t is the cut off, .54g/t is the overall grade. Ian Bamborough has variously stated a 10,000,000 tonne per annum operation when in full swing. Remember this would be from the single Apollo pit. 10,000,000 x .54grams x .77 (recovery) / 31.1035 (troy ounce) gives you production of around 130,000 ounces per year.
Have a look at this interview (google "Saturn works dual-focus opportunity" on YouTube) This is only a few months old where Ian talks about de-risking the project with the pilot pit* (hopefully next year) and mentions the 10 mtpa figure (as Norsdemic mentioned above).
*I think they are aiming at a production of 14,000 ounces from the Pilot Pit.
PS ... Ian does respond, well he did, to emails and the like. Absolute gentleman.
.2g/t is the cut off, .54g/t is the overall grade. Ian...
Add STN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
0.020(7.14%) |
Mkt cap ! $92.66M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.5¢ | 28.0¢ | $36.88K | 123.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 15.04pm 02/10/2024 (20 minute delay) ? |
| STN (ASX) Chart |