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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by romaraon Jul 21, 2010 9:08pm
585 Views
Post# 17286871

Excerpt From Analyst Report

Excerpt From Analyst Report

Here is an interesting excerpt from the analysrt report....Richard




Feed the "Hungry Monster"

The mill has been appropriately dubbed the "hungry monster" by management. The mill is now up and running and the only missing component for a robust output relates to the feed required to run the plant closer to its engineered capacity levels.

The current capacity on Jerritt Canyon’s dry line is 6,000 TPD. This rate was once quite attainable when there was more feed being derived from open pit operations, but there has been excess capacity because the underground mines cannot meet output of such levels. As a result, stockpiles are used to supplement the feed to the mill, which carry a lower grade than the ore extracted from Yukon-Nevada’s underground operations.

The engineered processing capacity on the wet line has a maximum daily throughput of 5,000 TPD. If any new deposits are delineated within Jerritt Canyon (or acquired within the immediate area) which are not refractory in nature, the mill would be able to be restarted once again with a relatively small outlay. We do not include the wet mill in our estimates at this time.

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