NYSEAM:SVLC - Post by User
Post by
shermandrockon Jan 22, 2013 11:46am
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Post# 20872210
Folks: An interesting observation
Folks: An interesting observation Insofar as production is a function of the gross ounces placed on the pad, the future production should benefit greatly from the Q4 pad placements of silver.
Firstly, the grade was 59.59 gpt and 591K ozs were placed on the pad.
Different ores leach at different times. i have read in some NRs for various (names currently escape me) companies where by they state " within x months, x% of the ore placed on the pad is recovered". As such, the 4Q production is a function of all materials placed on the pad (presumably they continue to treat all of the oer, who knows) since the beginning of time with the bulk being from the mosyt recent quarters.
That was a long-winded way of saying that we can expect increased production as increased grades and ounce quantities are added to the leachpad.
Yes indeed.