RE:RE:RE:RE:RE:Wallbridge News todaylccommoner wrote: Abcourt has been mining Elder for over 7 years and has averaged < 10,000 tons/month (120,000 t/year). SG mine is projected to produce ~ 6,000 ounces first year (see Feasibility Study and NR). This equates to ~ 25,000 t/year at ~ 8 g/t.
Bottom line: 145,000 t/year (SG and Elder) / 355 days/year = ~400 tpd. Excess capacity ~350 tpd.
LC
Everybody do your own DD/research and do not rely on BB post.
DD wasnt hard. Here you go.
Strategy and outlook
Currently, the corporation is focused on gold. At the Elder mine, the company's objective is to increase production to 12,500 of gold mineralization tonnes per month.
The company wishes to use the full capacity of the Sleeping Giant mill by opening the Sleeping Giant mine. This should reduce the operating cost per tonne treated.
Preess release a few months ago.
RR