Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Free
Message: Re: AGM - Mill Expansion Question

Yes, Rookie, that was my understanding. The mill expansion has been on the agenda for quite a number of years already, but they have been able to defer it until now because they haven't needed the extra capacity yet anyways. Now, with the comment about how the Hinge ore is breaking more easily than previous ore and processing going easier, it seems the pressure to upgrade is again alleviated. Also, in looking at the numbers for ore production, they won't hit capacity until the Cartwright zone ore is available, and that won't be till sometime in 2010 at earliest. Nevertheless, as the whole project continues to grow, they will eventually have no choice but to do the expansion, IMO.

NL

Share
New Message
Please login to post a reply