taking resource to production

I have just been reviewing what got me interested in this company. Here is the Quarterly report relased 26th Oct 2009
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HIGHLIGHTS:
The mineralisation at Arqueros comprises gold silver epithermals located 20 kilometres north of Kinross Gold Corporation's La Coipa Gold Mine (225,000 oz pa gold equivalent).
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The Arqueros North and South deposits were mined from 2000 to 2004 with approximately 278,000 ounces of gold equivalent extracted at an average gold equivalent grade of 7.1 g/t gold.
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The Company is now developing an open cut "Base Case" for the recommencement of mining at a rate of 100,000 to 120,000 ounces per annum of gold equivalent. This is based on an exploration target for the project of between 20 to 40 million tonnes at a grade of between 1.5 and 2.0g/t gold equivalent for between one and two million ounces.
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Approximately 135 thousand metres of underground drilling have been completed already on the project.
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Potential to significantly expand the size of the project with further exploration drilling.
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Experienced Chilean based management team established and actively advancing the project.
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Mr Matthew Wood (Chairman), Dr Nick Lindsay (Managing Director) and Mr Jonathan Murray (Non Executive Director) were appointed to the Board of the Company.
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Initially, one thing I noticed when putting in some research with LRC was the previous mining carried out in the area.

I raise this thread to ask the question of what time frame and funding will this need to take this to production since it has been ideal since 2004 workings.

The proposed "Open cut" plans will provide an effective way to get to the resource at low cost and infrastructure.

Reading their plan of 100,000 to 120,000 oz/annum production from a target resource of 1-2milloz,

Anyway food for thought.