TSX:LSG.DB - Post by User
Post by
Timminsgoldon Sep 07, 2013 12:08pm
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Post# 21724764
Goldhappy
Goldhappy
Check your math: 3000 t/p/d @5 g/t = 15,000 gross grams; recovery @96% ; divided by 31.1 g/t = ounces produced. The annual production is usually based on 350 net days of production(maintenance etc)
So redo your calculations for total (net) ounces produce annualy @ 5g/t