Yep 30g/t usually makes for a good starter operation
Seems like a fairly challenging pit design being steeply dipping and in the steep valley there, but an oz/t will be worth the effort.
Its probably worth keeping the low grade out of early mine plan and just targeting 10g/t + for early years... Low capex / dilution, super quick payback and then add capacity with cash. 1mt @10g would provide a profitable little starter mine plan to establish the company on strong financials.
Then prove up the 20moz around El Guayabo
Ann: CEL Delivers Bonanza Grades at Hualilan Gold Project, page-21
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