Re: Production soon

Welcome To the Gold Bullion Development Corp. HUB On AGORACOM

So far in 2015, three trenches have been completed in the area covering the smallest proposed pit located furthest west with channel sampling from the middle trench, TR15-11, returning 6.05 g/t Au over 8 m including 14.98 g/t Au over 3 m.

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bananaboy

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Re: Production soon

in response to

Production soon

bananaboy

posted on Aug 19, 2014 12:36PM

Ok, took the 32,000 oz figure from a poster on another board. From the GBB website, they "expect to produce 73,585 ozs over 3 years at a cash cost of US$797 per oz". Which would be somewhat less than 32,000 oz/yr. Divided by 3 = 24,528oz/yr.

So, something like 20 to 25% less than 32,000 oz in that first year, perhaps, still a good amount of revenue.

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