Average Annual ProductionThe new April presentation is available at
www.orvana.com
Of interest to me was page 20 and the average annual production for the UMZ. It has been noted that the Bolivia project is front end loaded where production grade levels will be higher in the first few years of production and than tail off during the last few years of the mines life. It was also noted that the 200,000 tonnes of ore that has been stockpiled is of the higher/highest grade available for the UMZ
The production levels listed below are the average annual production, according to page 20 of the presentation. we should see higher amounts of production in the first 3-4 years and than production levels should level for 1 or 2 and than drop during the last years of the mine. That in turn will provide the average annual production. With that in mind, how much more production will we see? I believe it would be reasonable to expect between 5-15% increase in this years production based upon the estimated annual production. ie, probable produce 16M pounds of Copper, over 16,000oz of gold and a bit over 500,000oz of silver based upon higher grades of approx 10%. Am I missing something? Please comment.
Average annual production
14.5M pounds of Copper
14,400 ounces of Gold
460,000 ounces of Silver