ORS octagonal resources limited

ORS gold producer developer set to fly, page-4

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    Plant has a process rate of approximately 20tph x 11 hours per day for a weekly rate of 1,100 tonnes. This provides a little over 3 weeks of feedstock. Assuming a head grade of 6 - 8 g/t au for the 3,000 tonnes produces 580 - 774 ounces. At A$1,350 produces $783,000 - $1.05M over 3 weeks (assuming processing already completed and gold sold).

    A$ is now around $1,400 per ounce so future production gets a nice lift.

    We do not know how many tonnes per day of fresh feedstock are being produced from the 1,100 level. Will have to wait and see what is reported.
 
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