Folks, with the startling increase in grades at Mestre level 6, is it unreasonable to suggest a 200oz day (from the current mill) on the horizon, all things being equal.
If the underperforming gravity mill can produce 50oz in a day, from ore that averaged 38gpt from panel samples, from Cascavel, Mestre and Cuca, the mill in theory should repeat the result from Mestre L6, averaging ×7 the above.
Using these numbers we could actually achieve a 350oz day. Yes, dilution galore is in store for that ore from extraction to the shaker table, but I'm still hopeful we see some mighty fine days in the gold room once they hit L6 and further down.
323gpt average in the panels - sounds too good to true but those are the numbers we have. Expected dilution, from mineface to ingot... ×10??? An ounce per tonne here we come? 200 tonnes of ore to the surface on a good/outstanding day? Time to step away from the liquor cabinet???
OGX Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held