Post by
domcolumba on Mar 13, 2016 11:00am
Kaminak CEO Eira Thomas Treasure Hunter
Thomas is on the front cover of Resource World magazine.June/July 2015
Very good article inside.
I have a lot of notes from the Kaminak conference but most of it contained in the feasibility study.
Important: 12-month operation, airport nearby, payback 2 years
$1000 gold price still a good project, CDN exchange rate is a big help
1.45 grams per ton 2.1 million ounces of gold
AISC $550 US/ oz
One of the highest grade open pit mines in the world
Close to Ft. Knox Kinross Alaska heap leach
$200 million market cap, $300 million to raise
Permitting icont6aineds the next stage submitting July 2016 (24 months)
2018 construction
2019 first pour 10 year mine life.