TSX:LSG.DB - Post by User
Comment by
basemetalon Jan 23, 2012 9:03pm
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Post# 19439550
RE: 3000 tpd...uhhh
RE: 3000 tpd...uhhh Far more important than anything else will be the new definition of what is ore and what is waste at the Timmins mine. We are promised a new 43-101 imminently.... The data we have is based on a gold price of $600 per ounce, and it expected narrow vein mining circa 2007. .. both irrelevant today.
I note that Goldcorp's PORCUPINE operation has an ore grade of 2-3 oz. Heaven knows what the lower cut -off grade might be. Why should the Timmins mine be different. ? Can we expect a much higher tonnage of lower grade ore as befits a semi-bulk underground mine seemingly more appropriate today ?