GREY:OGLDF - Post by User
Post by
herbaciouson Sep 08, 2011 8:32am
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Post# 19021488
RE $translation
RE $translationA one million ounce resource at Kilgore has the foloowing project economics!
Resource 1.0 million ounces
Grade 1.2 gpt
recovery 80% (Echo Bay used *5% when assessing Kilgore)
production 110,000 per year
mine life 7.5 years
Cap costs 93.0 million$ (conservative)
Cash costs $550 per ounce
royalties nil
do your own due diligence
herb