KCN 1.46% $1.35 kingsgate consolidated limited.

Latest update, grade was still 0.40g/t. So apparently low grade...

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  1. 6,159 Posts.
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    Latest update, grade was still 0.40g/t. So apparently low grade stockpiles.

    But possibly they're mixing in proper ore now? We've seen blasting videos and trucks dumping onto the stockpiles, and filling the ore bin for the 2nd plant.

    - A-Main was stripped of high grade ore before closure. So it'll have say a 3-12 month period where it has abnormally low grade, until returning to longer term averages. Except if we're now allowed to push into a different wall of the pit, like mining in the Quartz wall.
    - Quartz looked to be the one being blasted. It was withheld for 10 years, while A-main was gradually dropping in grade, so it's likely better than A-main once we get done with the stripping.
    - A-North/West was mined, but it can probably be reopened now that it can be merged with Quartz (and I think this one is being dewatered first). I'm assuming better grade than A-Main, since they felt the need to mine it even though it was only a smaller pit disconnected from A-Main.

    Questions somebody could ask:
    1. What is the dewatering status of A-NorthWest.
    2. What is the proportion of stockpiles to ore in the plant now, and what is the target for next year?
 
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