Post by
Smiles48 on Feb 07, 2012 9:15am
News Update
American Bonanza Copperstone Gold Mine Update
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 7, 2012) - American Bonanza Gold Corp. (TSX:BZA)(OTCQX:ABGFF)(PINKSHEETS:ABGFF) ("Bonanza" or "Company") is pleased to announce that the Copperstone gold mine has achieved several significant milestones as the operation moves towards full production. The crushing and grinding facilities and the gold processing plant have completed commissioning and have recently operated for one week at 79% of the 450 tons per day design capacity during the final week of January 2012.
Comment by
staolin on Feb 07, 2012 9:34am
Alright At 80% capacity of 450 tons/day And .21 oz/t (6.5g/t) and 84% recovery We're raking in about 120k$/cay... 44 mil/year. Let's get this thing optimized, the recovery up and put through the good ore once getting the best return. A couple weeks behind schedule. Not a bad NR, not mind blowing either.