Semafo Inc. T.SMF

Metals & Mining Industrial Metals & Minerals

Semafo Inc is a Canadian mining company with gold production and exploration activities in Burkina Faso. The company's main operations are in Boungou, Burkina Faso, and Mana, Burkina Faso. Boungou is a relatively new production site that is located in southeastern Burkina Faso. The Mana project, which has been in operation longer, includes the Siou deposit, which is about 20 kilometers from the Mana Mine in Burkina Faso. Semafo has developed exploration strategies for future deposits in West Afr

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Semafo Inc.

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Post by TOCATon Apr 08, 2010 12:22pm

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Post# 16970122

Conservative numbers

Mana plan calls for 5000 tpd or 1.8 mil tons per year at 3.4 grams and 90% recovery. That's 44,000 oz per quarter.
If they are doing 7000 tpd @ 3.4 grams and 90% recovery that's 62,000 oz per quarter or 690 oz per day. In the middle is about 53,000 oz per quarter. Looking forward to drill results...

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