Mine Production Cost
pg. 2
Gold- 54,451 T @ .37 oz/T gold @ a 90% mill recovery and a gold price of $1150/oz; the gold value of the ore is: 54,451 x .37 x .9 x 1150 = $20,852,000
The combined value of antimony and gold for the 54,451 T block of ore is $94,165,000
The cost to mine, mill and ship including exploration, development and overhead @ $400/T is
54,451 x $400 = $21,780,400.
Do the math.... $$ Ka-Ching Ka-Ching $$
