RE:Thank San Francisco project for the better gradesAgree John silver grades kept improving all year along with production.
They don't mention lower manganese in this report that I found so far, but it was mentioned in a previoous report that San Francisco with lower manganese increased recoveries. Notice how grades increasing with San Francisco mine feed.
Production during the three month period from March 1, 2013 to May 31, 2013 ("Q4") was 745 ounces gold and 82,704 ounces silver, 26% higher and 1% higher respectively from December 1, 2012 to February 28, 2013 ("Q3") production. Metallurgical recoveries during Q4 vs. Q3 increased due to more tonnages milled, better grades and gold recoveries from the San Francisco Project.
RESULTS | Q1 (Jun 2012 - Aug 2012) | Q2 (Sep 2012 - Nov 2012) | Q3 (Dec 2012 - Feb 2013) | Q4 (Mar 2013 - May 2013) | ACCUMULATED Fiscal 2013 | ACCUMULATED Fiscal 2012 |
Tonnes Processed | 17,390 Tonnes | 17,009 Tonnes | 16,573 Tonnes | 17,773 Tonnes | 68,745 Tonnes | 69,476 Tonnes |
Gold Grade | 1.81 g/t | 1.25 g/t | 1.23 g/t | 1.43 g/t | 1.43 g/t | 1.38 g/t |
Silver Grade | 214.32 g/t | 216.86 g/t | 249.43 g/t | 258.07 g/t | 234.726 g/t | 189.99 g/t |
Gold Recovery | 92.85 % | 90.76 % | 90.40 % | 91.42 % | 91.52 % | 90.77 % |
Silver Recovery | 57.66 % | 60.34 % | 61.57 % | 56.08 % | 58.83 % | 55.55 % |
Gold Produced | 941 Ounces | 620 Ounces | 592 Ounces | 745 Ounces | 2,898 Ounces | 2,807 Ounces |
Gold Sold | 927 Ounces | 610 Ounces | 583 Ounces | 734 Ounces | 2,854 Ounces | 2,765 Ounces |
Silver Produced | 69,097 Ounces | 71,554 Ounces | 81,830 Ounces | 82,704 Ounces | 305,186 Ounces | 235,746 Ounces |
Silver Sold | 67,024 Ounces | 69,408 Ounces | 79,375 Ounces | 80,223 Ounces | 296,030 Ounces | 228,673 Ounces |
Gold Equivalent Produced | 2,148 Ounces | 1,986 Ounces | 2,124 Ounces | 2,161 Ounces | 8,419 Ounces | 7,538 Ounces |
Developed Meters | 1,295 Meters | 1,467 Meters | 1,021 Meters | 1,056 Meters | 4,839 Meters | 5,809 Meters |
Samples Taken | 8,380 Samples | 9,092 Samples | 9,728 Samples | 9,174 Samples | 36,374 Samples | 31,872 Samples |
Diamond Drilling Meters | 0 Meters | 0 Meters | 0 Meters | 0 Meters | 0 Meters | 0 Meters |
Access Road Kilometers** | 0 kilometers | 0 kilometers | 0 kilometers | 3.6 Kilometers | 3.6 Kilometers | 3.85 Kilometers |