In answer to JennyB2 'calculations'DearJennyB2,
They never used the Jumbo drill unfortunately. The drill has now been returned.They went back to the standard hand and stand mounted drills inside the declinefor charging and bolting. So your highly speculative 'calculations' are notbased on what actually happened at the mine site.
Secondly and most importantly, NONE of the material extracted and stockpiledfrom the underground decline has been shipped yet anyway. All the ORE shipped to Kinrosswas shipped in the Fall before the decline had begun any significantadvancement.
The delays for processing were due to an expected first run of 1,000 tonneswhich did NOT get shipped from the opening up and continuation of the RavenVein because of a rock fall in the open pit/trench area which was what causedthe mixing of the high grade with low and country rock. (This was NOT reportedin an NR).
Only about 400 tonnes ultimately got shipped and processed because of thisrockfall and instability at the Raven vein open pit/trench. Given the narrowentry on trenching the vein at Raven, regardless of its high grade (10 to50g/tonne au approx.), it was deemed too expensive to remove the huge volume ofsurrounding rock to continue surface extraction of higher grade material onjust one vein.
The mining strategy then had to proceed prematurely to driving the undergrounddecline thus preventing shipment of the planned first 1,000 tonnes of 10,000permitted. The understanding with Kinross was that they EXPECTED Encore to sendthem a minimum of 1,000 tonnes so the processing was continually delayed.Finally, Kinross agreed to process what they had which was about 400 tonnes Ibelieve.
All of this information was given to me through 3rd parties. I am not and havenever been an insider or director of this company.
JennyB2, Any one of the following definitions characterizes an 'Ore':
1) a mineral that contains metal that is valuable enough to be mined
2) a type of rock that contains minerals with important elements includingmetals
3) material that contains a metal in such quantities that it can be mined andworked commercially to extract that metal
4) A mineral or an aggregate of minerals from which a valuable constituent,especially a metal, can be profitably mined or extracted.
The Bonaparte material shipped to Kinross fits all of these definitions. It isclearly OREregardless of any legal quibbles or bureaucratic idiosyncrasies.
Thov