The press release refers to 1800 tpd being mined and that would be at our high grade ore. If you look back at our old technical report - it was based on 1500 tpd and that would be 300 tpd coming from Redstone. We also have at the 150m level the high grade ore which is at 3.93% Ni. Our old break even cost was $5.50 per lb of nickel (p. 8 of old Technical report).
The old Table 17-2 Life of Mine ore production schedule shows the following:
|
Period
|
Total Tonnes
|
Grade (N%)
|
Stope (tonnes)
|
Ore Dev(tonnes)
|
|
Q1-08
|
0
|
0
|
0
|
0
|
|
Q2-08
|
8,150
|
0.71
|
0
|
8,150
|
|
Q3-08
|
29,052
|
0.8
|
0
|
29,052
|
|
Q4-08
|
70,786
|
1.37
|
52,552
|
18,234
|
|
Q1-09
|
108,000
|
1.15
|
108,000
|
0
|
|
Q2-09
|
108,000
|
1.09
|
108,000
|
0
|
|
Q3-09
|
108,000
|
0.74
|
108,000
|
0
|
|
Q4-09
|
98,305
|
0.64
|
98,305
|
0
|
|
Q1-10
|
67,505
|
0.68
|
67,505
|
0
|
|
Total
|
596,797
|
0.930.93
|
541,362
|
55,436
|
Although this report has been superseded by actual results you can tell with 15,361 tonnes grading 0.51% Ni based on a bulk sample (see PR 6-09). The actual recovery was skewed downward as a result of some talcy development material being mistakenly mixed with the bulk sample. Generally disseminated material containing 0.5% to 0.6% ni was floated with an 87-88% recovery from the heaslewoodite mineralization.
So we would restart in the Q3 schedule by my guestimate.
