GREY:NWSKF - Post by User
Post by
Zeffirinon May 10, 2011 10:31pm
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Post# 18557535
Take over by Goldcorp
Take over by Goldcorp
The grade of the ore at Los Filos is 0.63 g/t (proven+probable 275 Mt for 5.6 M oz) which is not very high.
My though is if Ana Paula will become a large ore tonnage gold bearing body (over 200 Mt), with a grade above 1 g/t, then Goldcorp won't have the choice to buy NES. The fit will be perfect to mix the ores of LF and AP prior to the mill feeding.
As an example a 50-50 blend whould increase right away (with not much more investments : a 90 kms trucking for the AP ore, which is marginal, and some minor ajustments at the mill) by approx 30% their gold production (((.63 + 1.00)/2)/0.63)-1.
Let's hope NES ore grade will be higher of 1 g/t !