TMAC Resources Inc. T.TMR

Metals & Mining Industrial Metals & Minerals

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera

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TMAC Resources Inc. > Another prediction

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Comment by Wineauxon Oct 03, 2019 1:43pm

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Post# 30192691

RE:Another prediction

Sherm, they closed off Q2 with 21 straight days of production in EXCESS of 2,000tpd. 84% was the recovery rate in Q1 before they had all gravity concentrators running and both surge bins. The feed grade in Q2 was 9.5gpt as they kept it low on purpose. Therefore, I believe that processing should be close to 2,000tpd, feed grade will be higher than Q1 or Q2 and recoveries will be higher than 84%. My model has production around 50,000 ounces in Q3.

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