RE:I guess we gott wait another quarterYes ... because of the statements .....
Mining activity continued to progress on plan during the quarter. Rainy River mined a total of 3.3 million tonnes of ore (36,700 t/day from the pit) and currently has a high/medium grade stockpile ( between 1.25 and 1.41 gm/t ?) of approximately 1.3 million tonnes that is available for processing in the near-term, and a low-grade stockpile of approximately 2.1 million tonnes that is scheduled to be processed at the end of the mine life. During the quarter, the mine processed 1.6 million tonnes of ore at an average gold grade of 1.1 grams per tonne with recoveries of 81%.
and ...
Importantly, the process facility demonstrated its operational potential with throughput rates averaging approximately 22,500 tonnes per operating day.
and ...
Through the first twenty-three days of April, gold recovery has increased to over 87% resulting in month-to-date production of approximately 15.7 thousand ounces of gold as the operation is beginning to see the positive impact of addressing the above-noted challenges. Rainy River’s 2018 production profile is expected to increase quarter-overquarter, as both gold grade and gold recoveries continue to increase, while the team also continues to focus on further enhancing the mechanical availability of the process facility.
In addition, there continues to be an opportunity to increase the process facility’s throughput rate. During the quarter, New Gold engaged an external engineering firm and are currently finalizing a study that could increase Rainy River’s throughput to a steady 24,000 tonne per day rate. Based on the findings to date, the adjustments to the back-end of the mill could be completed for a minimal capital expenditure. The Company plans to provide further details on the study as part of its second quarter results.
I'll stick it out for another quarter
GLTA - B2S2