CAI - General Chat, page-688

Hi Jonnyash

I see it more optimistically.

The number thrown around in the interview was "10g/t delivered to the mill" from Blue Spec. If they can replicate that number with suitable ore for the WGP mill with ore from near surface the distance doesn't matter that much. 10g/t ore is worth ~AUD$860/t contained gold. A road train carrying a total of 100t represents $86,000 per trip.

So far CAI has returned a drill result of 2.37g/t of near surface oxidised mineralisation which would be suitable for the mill. Even that = about $20,000 a load. By my back of the envelope... adding 3 loads of Felix ore to the mill every 10 hours bumps the head grade up from .9g/t to 1.137g/t (at a milling rate of 300t/h) = 88,000 oz/year.

If they find 10g/t ore that boosts the head grade to 1.727g/t. roughly = 130,000 oz/year production (at a milling rate of 300t/h)