Holt Mill 3000 tpd...Agnico/KirklandStole this from Norsemont mines....just to see what sort of production would come from a 3000 tpd mill...."In its heyday, this 3,000 tpd ‘smaller’ mine produced about 380,000 ounces of gold at a high grade (for an open pit) of 2.23 grams per ton (g/t Au) all oxide gold (oxide is cheaper to process) from ’88-’92, nearly 100,000 ounces per year. But Larmour and company see a much, much bigger operation, and they already have the data to prove it, which will soon bring it up to NI-43-101 standards"
So the Holt mine has been upgraded to 3000 tpd and based on this grade (Moneta might be lower but could be blended to this number I think..380k ounces at say $800 an ounce profit would be roughly $300M dollars pre tax per year....Not sure what 10M ounces of gold say 20 years of production would be worth to Agnico/Kirkland. I would like to think that this will play out this year...