From Oct Release Metallurgical tests are currently under way which will examine cyanide, flotation and gravity means for winning the gold from the ore. Once the optimum method has been determined, the bulk sample will be shipped to a suitable mill for processing.
This year's bulk sample contains 408 ounces of gold, which when added to the 68 ounces collected in the 2010 bulk sample (34 tons at 2.0 oz/ton gold), amounts to 476 ounces in total. The Company anticipates receiving the revenue from the gold sales in 2012
476 oz times $1600/oz = $761,600 I love it when companies fund exploration this way.