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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Post by miningmanon Nov 02, 2019 12:46pm
224 Views
Post# 30301055

Next years ounces

Next years ounces  Take   a look  at the results for the first 3  quarters of this year.  I'ts been an  almost  constant  90,000  ounces per Q,   with a head grade of   an  almost constant   9 grams per toone,  and 33-3500   tpd  pushed thru the mill.

So for simplicity,   we  can  expect   10,000   ounces per quarter per  gram of head grade

  Q4  wil likely be similiar....there are   no  gravy  stopes to   drag up the average mill head.   So barring a sudden increase in tonnage towards 3800  tpd   and    an anticipated drop in grafde towards   7 or 8  grams,   we MIGHT   get  320,000   ounces next year.

Yes  3800  tpd would be an  additional   10%   but  increasing tonnage in ANY  gold  mine tends to drop the mined grade
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