Hi rolly just slotting this in here to remind and recap why being able to select mill feed has its benefits over running low grade material...
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Low grade stock pile not in reserves..Select mill feed
If this material were to be added to our reserves a higher NPV could have been achieved while what about the effect on processing cost...Mike has calculated for us this could triple our process cost...
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Select mill feed rarely gets mentioned from opting for higher strip ratio at mining level the flip side is higher return on smaller plant. If a plant is rated at 50,000 TPA @ 15% grades more material will be produced with same plant from higher grades...
Simple math's and use of higher grades from similar capex
(340,000 TPA thru put) x 15 % x 90% recovery = 51,000 tons
(250,000 TPA thru put) x 22% x 90% recovery = 49,500 tons
Higher revenue from higher grades from similar capex
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Hi rolly just slotting this in here to remind and recap why...
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