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TMAC Resources Inc. T.TMR

Metals & Mining Industrial Metals & Minerals
TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera


TSX:TMR - Post by User

TMAC Resources Inc. > ASK thinning out
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Comment by dorebullon Mar 10, 2020 11:37am
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Post# 30788557

RE:RE:RE:RE:ASK thinning out

RE:RE:RE:RE:ASK thinning outReview slide 11 of the current presentation. Doris Central represents ore feed scheduled for this year and also the bulk of the Doris ore for 2021. Risk is if they don't fix the water inflow issues then they will run out of high-grade feed (+10 g/t material). Underground development may not be in a position to provide operational flexibility to access new ore horizons (at Madrid or Doris). Worse case scenario, Naartok East crown pillar will be the only available ore 280k tonnes at ~ 5 g/t, (slide 14) but they've been mining that for a year now? - how many tonnes remain? 
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