RE:RE:RE:Financials You assume only development grade ore will be mined which is not true....grades began increasing in early May, and mineralized ore will flow through the mill.
I stick with 7000 ounces for this quarter
Xxxx
Subsequent to the quarter ended on March 31, 2024, the Company’s mining and milling operations have improved significantly. For the month of April, the Company milled 9,406 tonnes, 314TPD at 3.4 g/t Au with 75% recovery rate to produce 765 Au oz.
The gold production for the first 10 days of May is approximately 450 oz, at an average run rate of 400 TPD and grade of 4.8 g/t Au.
The installation of two new blowers at the end of April and in early May is expected to improve recoveries in the CIL circuit with recoveries of over 80% achieved in early May.
Record gold production is expected at Tuvatu for the month of May as a result of higher grade mineralized materials, higher mill throughput, improved recoveries, and the start of long hole production at the mine.
Sustained throughput of over 400 TPD is now possible at the mill due to operational improvemen