Re: What is an SGR share woth today?
in response to
by
posted on
Dec 03, 2009 02:28PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
The Hinge ore(after the developement ore was finished) produced upwards of .77 ounces per ton. So far L13 and Cohiba are slightly less, however could easily be up around half an ounce per ton. At the current milling rate of 1250tpd by 2012 they should be able to make the 200,000 ounces per year. If they can bring on some higher grade from say the 007 at an ounce per ton and can blend that into the mix 250,000 onces per year is a possibility.
200,000 oz/y = 0.52 oz/t x 1,250 tpd x 330 days/year x 0.93 (recovery)
250,000 oz/y = 0.43 oz/t x 1,900 tpd x 330 days/year x 0.93