Thanks for the update Atomic, really appreciate it. mmm 300-400...

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LifeUniEvery42

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27/10/16

22:09

Post #: 20182232
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Originally posted by atomic79 ↑

The ducks nuts:
4th quarter head grade will be similar to the just completed 3rd quarter. Mill throughput will also be similar with a 3.5 million tonnes targeted per year. The duck ore has now been completely milled. Work out December quarter ounces produced for yourself.
Tap AB1 and TapAB2 will supply high grade ore to the mill for the next 12 to 18 months. This will provide very consistent production.
Next drill results due in about 4 weeks...Tap AB1, Tap AB2 and Urucum underground. Then we are going to drill the Duck.
Expect a resource reserve update early March next year. Remember not one new exploration drill hole has been included to date. I expect a nice surprise.
The wet will not be a problem. Everything is now in place to mine in the wet at a consistent rate.
The mill can handle between 25 % and 40% fresh ore.
Consideration is being given to installing a ball mill as this was part of the original mill plan.

The 6 day plant shut down was due to poor original part installation. Agitator blades also needed re installing due to incorrect installation. This may lift % recovered....we will see. The company has insurance to cover longer periods of shutdowns as part of their risk management. The Plant is now performing very well.

All results for Tropicana East drilling are not yet in....this may be a JV with Anglo....wait and see....

The company wishes to produce 300t to 400t ounces a year from two separate mines...the TSX listing is part of this plan.......interesting....

The company is considering including a financial statement with each quarter (as required by the TSX and Bin) but this is not required by the ASX. The company thinks this is a very good idea for the future reports.

All in all look to very consistent production from high grade Tap ore bodies for the next 12 to 18 months...
I have more but over the typing....Oh the gold produced as to sold this quarter.....that was a transportation problem....there was to much and it was to heavy...I wont go into details.......ha

Cheers
Move that dirt...

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Thanks for the update Atomic, really appreciate it.
mmm 300-400 Oz & a 2nd mine
With Tucano around half of that, 2nd processing plant or acquisition or merger? Reminds me of the 'district scale play' mentioned previously are there any other goldies in that area?

Last edited by LifeUniEvery42: spelling 27/10/16

BDR Price at posting: 45.5¢ Sentiment: Buy Disclosure: Held
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Thanks for the update Atomic, really appreciate it. mmm 300-400...

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