RE: 302 Ozs produced in January - News ReleaseHeya Rock,
I agree wholeheartedly that the vat 1 results are low but we knew that from the size of Vat 1a and Vat 1c. NGG has not made this a secret and has stated publicly that as the space becomes available Vat 1 shall be extended to similar dimensions of Vats 2 and 3.
Full-scale leaching levels (not 3000 oz per month but large-yield leaching) begins with Vat 2. Vats 2/3 presently contain approximately 40Kt of earth at around 10g/tonne Au. The expected recovery rate is around 85% if the previous dore is any indication. 40000 tonnes x 10g per tonne x 85% recovery divided by 28.9 grams per ounce means approximately 11,760 oz Au - almost 1/3 of the year's planned production.
Cheers,
GM