TTM 4.17% 5.0¢ titan minerals limited

Ann: Half Yearly Report and Accounts, page-18

  1. 1,379 Posts.
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    Hi Darcher

    If you add in our 16,000 ha from our Torrecillas mine, 102,000 oz @ 16 gpt Jorc resource, which is only one of 23 know high grade veins in the area, that makes 25,000 ha.

    On top of the fees MIZ receives for tolling agreements, they also get to profit share on production from third parties ore.
    Plus MIZs own ore, mine currently running at about 125 tpd, ramping up to 250 / 350 tpd by Dec, with a $700 oz target. Mine total capacity is 600 tpd, needs additional permit and refurbishment for this, which SS will fund with no dilution to share holders
 
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