AYN alcyone resources ltd

With funds raised it's all about unlocking the resource at Twin...

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    With funds raised it's all about unlocking the resource at Twin Hills so thought a thread was appropriate. Please add.

    Some things we know.

    1: A$16.6M raised following ri completion.
    2: Re-irrigation of existing heaps expected soon ~400,000t leachable material at an average estimated grade of 45g/t Ag.
    3:JORC Twin Hills 3,842,000 @ .83g/t for 10,192,000 oz
    Mount Gunyan 2,106,000 @ .73g/t for 4,917,000 oz
    4: Operating costs of A$13.50/oz
    5: 1.5M to 2M oz annual production
    6: Updated resourece estimate for Twin Hills due 1Q 2011

    Look forward to further developments.
 
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