CAI 0.00% 11.0¢ calidus resources limited

Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-94

  1. 7,438 Posts.
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    Hi Aqil

    On Bulletin.... my estimated grade deliverable to the mill is ~2g/t. They way I derived that number was going through each reported drill result and calculating the grams per metre (gold + waste).

    I know the reported resource is 4.1g/t and it would be excellent if it turned out to be the head grade but I couldn't get that from the reported data.

    I also get a slightly different number for milled ore. The mill can run happily at 300t/h.
    300 x 24 x 350 days ÷ 4 (1/4's) = 630,000 per 1/4 (the average over the last 4 1/4's is 600k/quarter
    but the first 2 1/4's average is 630k)
    75% ore from Klondyke (472,500t) + 25% from Bulletin (1,800t/day= 36 truck loads = 157,000t) = 12,625 ozs (K) + 9,350 ozs (B)

    Which still comes out at ~22,000 ozs.

    If Bulletin actually performs according to your numbers production can be 29,000 ozs per 1/4. Perhaps they can get that if the waste is distinguishable and easily discarded. Wouldn't that be nice!
 
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