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Rye Patch Gold RPMGD

Rye Patch Gold Corp is a Nevada based, Tier 1 mining company engaged in the mining and development of quality resource-based gold and silver mines and projects. The firm operates in one segment, which is the Exploration and Development of Mineral Properties. The firm operates through two geographical areas, Canada and the state of Nevada in the United States of America. The company's primary source of revenue is from the sale of gold dore.


OTCQX:RPMGD - Post by User

Comment by upupandaway7on Jun 27, 2017 10:40am
182 Views
Post# 26408254

RE:RE:RE:RE:korelin

RE:RE:RE:RE:korelinLast month they poured 5566 troy ounces of dore containing 3094 ounces of gold or 57% gold.

I watched the same video and see an excess container glowing on the right of the video. I think they may have poured five bars earlier before the video was made. So I think there was ten bars.

Ten bars at 600 ounces per bar with 57% gold based on last months split, I'm thinking they poured ~3390 ounces of gold with another 250 ounces factoring in the excess. It would be interesting to know what the time period of this production was. It would be nice to see them achieve over 4000 onces of gold for the month.

Fullplate wrote: Just watched the Korelin site visit videos that were posted on the KEReport website this afternoon. Looking at the video of the pouring of the dore bars, it appeared that they poured 5 bars and had quite a bit of excess that overflowed into the bottom container. I believe they indicated that the bars were 600 ounces each. The bars are not 100% gold, but I think it is not too far from pure gold. There is a temptation to do the math to get an idea of production. Perhaps someone else on this board wants to take a shot at it. 


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