GSR 0.00% 1.1¢ greenstone resources limited

MAIDEN GOLD POUR 11.01.2022Just trying to get some facts and...

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    MAIDEN GOLD POUR 11.01.2022

    Just trying to get some facts and figures together

    https://hotcopper.com.au/data/attachments/4642/4642926-8090fd6a1f051e46105ea13163996da9.jpg


    Initial nine-day toll treatment campaign processed 20,500 tonnes of low-grade development ore which gave

    Maiden processing campaign completed with first gold pour producing 840 ounces, worth $2.1 million

    https://hotcopper.com.au/data/attachments/4642/4642935-02b06c17e211122585daee1ed5677840.jpg


    23,814g/20,500 = 1.61g/t of gold average

    840 ounce of gold = $2.1 million dollars $2500 AUD per Ounce in Jan the price of Gold was around $1700USD

    NEXT Pour OFF

    High-grade stoping activities underway, with a further 60,000 – 75,000 tonnes to be processed in H1 2022
    a further 2-3 processing campaigns are expected, totalling between 60,000-75,000 tonnes over the coming months.

    GSR could roughly make 3-4 times the amount of money $6-$8 Million Dollars

    So are these other Pour of production getting close?

    Thanks

 
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