we have 67 million tonnes of magnetite in YB1 and YB6 going off...

we have 67 million tonnes of magnetite in YB1 and YB6 going off the jorc currently completed

I believe the current goal is to get a yearly output of 1 million tonnes a year of crushed and refined product, that would consume 3 million tonnes of tonnage from the ground

that would give the mine a life of 22 years,

but of course with Eldorado and the other tenements where there is iron ore but we just don't know how much this would obviously increase the mine life as they may be more like 100 mill tonnes (pure speculation)

also not to mention gold and copper that has also shown to be present in the Eldorado chip sampling

it's also very likely once the mine gets operational it may be feasible to apply to increase our yearly output to ether 2 or 3 million tonnes a year which would of course shorten the life span of the mine but increase the year profits


AIMO DYOR GLTAH