EXPM:HRTFF - Post by User
Comment by
moneymotivatoron Mar 14, 2012 1:50am
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Post# 19666685
RE: RE: Mine
RE: RE: Mine HRT mentions annual gold production of 50 000 Oz in their presentation. Dont know of any junior producers in that area just the world renowned Helmo majors it is near but do know of another junior gold company in Mexico similar that is similar in scale and has estimated capital costs of 22.2 million for 545 000 ton per year mill.
https://www.hartegold.com/wp-content/uploads/2011/07/Harte-Powerpoint-Presentation-January-2012-2.pdf
https://www.orocoresourcecorp.com/News-Releases/Dec-15-10.html
Costs are a lot lower in Mexico also their weather allows mining all year round so not very accurate to compare but still gives you an idea. All just speculation really until PEA comes out then possible feasibility, financing etc.
GL,
MM