COST Tractorboy
(3)Mining costs of CDN$3.25/tonne, processing costs of CDN$22.50 and G&A costs of CDN$4.35 based on recent production history were utilized to develop the 0.95 g/tonne operating cut-off grade.
Waste to Ore is expected at 4.3/1 but currently at about 8.5/1 because of lack of stripping, probably due to cashflow issue in the past, so will will be paying for it over the next while.
Ore 3.25
Waste 13.98 currently 26.00
Processing 22.50
Admin 4.35
Cost / tonne 44.08 currently 56.10
Rumors for last weeks production was little over 800 tonnes/day with 2.90g/t, recoveries running over 85 percent.
Hopefully with 1 million plus per month in positive cash they can get out of the hole they dug themselves in.
link to Govt info on PC
https://gis.geosurv.gov.nl.ca/mods/ModsCard.asp?NMINOString=012H/16/Au+023