KLONDEX MINES LTD. T.KDX

Metals & Mining Industrial Metals & Minerals

"Klondex Mines Ltd is a gold and silver producer engaged in exploration, development, and production of its properties. The company has interests in three mineral properties: the Fire Creek Mine, and the Midas Mine and ore milling facility, both of which are located in the state of Nevada, USA, and the True North Gold Mine (formerly the Rice Lake Mine) and mill in Manitoba, Canada. The revenue of the company is generated from the sale of gold and silver."

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KLONDEX MINES LTD. > aurora

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Comment by JintsuGehanon Feb 04, 2018 12:33pm

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Post# 27499237

RE:aurora

Nice to see Aurora have low cash costs.

How was GBG able to mine Hollister so consistently?

GBG went under due to their South African property development Burnstone - not at all due to Hollister. Cash burn was extreme in South Africa.

I. Why can't Huet replicate what GBG did with Hollister? Resource statement from end 2016 I believe still showed measured resources of 800,000 oz. of gold +

II and more importantly. How did GBG mill the ore from Hollister? (obviously they didn't have the Midas Mill)

Anyone know the answer to these 2 questions. This is obviously what is holding back SP.

JIN

JRafflesUK wrote: Aurora is reported to have a cash cost of $550/600, which is not far above Fire Creek's costs.

I initially regarded Aurora to be a give away when KDX spent $80m for the "jewel" at Hollister.

However, Aurora's cash costs are about half of those at Hollister!