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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Post by OilSandSamon Jul 08, 2007 5:56pm
234 Views
Post# 13054512

Inside this brokerage report

Inside this brokerage reportis a section on the Moris mine. It's interesting to note that the mill can have an annual through put of 1 mil. tonnes. ManHatten only ran through this amount over a three year period....and pulled out 50k ounces of gold and 150k ounces of silver. It looks like base case for production is 50k a year gold and 150k a year silver...without any modifications being made. It has already been reported that a new circuit has been added and that crushing will be done to a more optimal size. So production from this operation should be most profitable. (we've got a great partner for this mine) Report is from Jan./07, info is on Page 29 through 31; https://static.scribd.com/docs/7zaqlveszowy5.swf
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