From a production perspective, DOM seems to be set for a couple of lean quarters as they mill stockpiled ore until u/ground material becomes available in December.
As I see things, after completion of mining from the open pit the total gold in stockpiles at end June was about 21 600 oz comprising 2600 oz in high grade ore and 19 000 oz in ore going 1.7 g/t.
Unless they intend to increase the mill throughput significantly from a historical 112 000 t per quarter to process all of the 361 000 t of stockpiled ore over the current half ie. an unlikely increase of 61%, then we should expect to see production of only 7 000 to 8 000 oz of gold per quarter over the next 2 quarters.
If this happens then about 137 000 t @ 1.7 g/t will remain in stockpiles when ore from the u/ground stoping becomes available.
Cheers .... WJ
DOM Price at posting:
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