GREY:DRGDF - Post by User
Post by
ashy1on Aug 07, 2012 12:26pm
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Post# 20190290
Interesting Osiskos Numbers..
Interesting Osiskos Numbers.. Osisko Reports Record Monthly Production from Canadian Malartic
Production of 37,780 Ounces of Gold in Month of July
Tuesday, August 07, 2012
MONTREAL, QUEBEC--(Marketwire - Aug. 7, 2012) - Osisko Mining Corporation (the "Company" or "Osisko") (TSX:OSK)(FRANKFURT:EWX) is pleased to report that it has produced a record amount of gold in the month of July. Production statistics for the past month are listed below:
- Record monthly gold production of 37,780 ounces
- Record monthly mill throughput of 1.3M tonnes
- Record average daily throughput (based on 31 days of operation) of 41,935 tonnes per day
- Average grade milled of 1.02 g/t Au
- Average recovery of 88.6%
Sean Roosen, President and Chief Executive Officer of Osisko, commenting on the July performance: "We are now beginning to see significant improvement in daily throughput and gold production from the Canadian Malartic mill. In the month of July, Canadian Malartic achieved another gold production record of 37,780 ounces. With the now completed pre-crushing circuit and the coming installation of the second pebble crusher in early fourth quarter, we will be focused on plant optimization and cost reduction. Since we started production last year, Canadian Malartic has now produced well over 400,000 ounces of gold during this ramp up phase."
400k ounces is like what detour planned in the old produktionplan..
i,m looking forword for the new one.. but with 55k tons/day (from possible 62k) with now a little bit lower grade i think it could be around thet number..
Osiko at this moment 3,7 billion mkt against detour 2,77 billion .. for the moment to catch up 8 CAD ;-)
Hope Dgc can do better