SVG 0.00% 3.6¢ savannah goldfields limited

Ann: Recommencement of Mining at Sherwood, page-8

  1. 259 Posts.
    lightbulb Created with Sketch. 87
    Hurry up and mine fellas, it's shrinking!!

    Summary:
    43000t @ 6.5g/t (9000 Oz)
    38000t @ 5.5g/t (6700 Oz)
    35000t @ 5g/t (5500 Oz)Not taking the processed ore at Lorena into account. (Because no one knows how much gold there was.)

    From Activities Report 30 September 2020:
    Laneway plans mining 43,000t @ 6.5g/t from the Sherwood Open Pit in the current campaign tobe processed in two stages, an initial 18,000t to be processed this Quarter and remaining 25,000tstockpiled for transporting and processing post wet season.
    From Activities Report 31 December 2020:
    Since mining commenced in late October, approximately 4,800 tonnes of high grade ore has beenmined with 4,400t of material trucked from Agate Creek prior to the onset of the rain. 400t ofhigh grade ore along with a further 7,000 tonnes of low grade ore remain on the ROM pad atAgate Creek ready to be transported once road conditions allow.
    From Activities Report 30 June 2021:
    Mining has remained on hold while Laneway progresses alternative processing plant options. Reoptimisation of the next stage of open cut mining has also been undertaken pending processingavailability, this 12-15 week mining schedule defines 38,000t @ 5.5g/t for ≈6,700 Oz recoverable
    From Activities Report 28 October 2021:
    An updated open pit design has been completed to allow a high-grade parcel of 35,000t of ore at 5 g/tAu for ~5,500ozs AU to be mined over a 12 week period.
 
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