Ann tomo Hammer 3, page-4

It will be located at Cascavel for sure, what it will process is another question, what ever is available I would think. As long as they can feed it something it will be making money.. But tailing to start with would be my bet... Even if the tailings are 5 gr/t, it is ~ 8 oz an hour. On a 6 hour day that is ~1000 oz a month alone. Like mentioned before, the tailings have already been mined and crushed to " rice " size, so costs will be under $100 an oz and the mill should be able to run mane plate 50 t/h with ease as most of the crushing is already done... I hope there will be an update on HM3 today, however next week would give more time to do end of month numbers with the time delay Australia Brazil... Fingers crossed it is what we think it will be...