Good factory performance in 2021-Q4 Admittedly, these good results are mainly attributable to a much higher gold grade. Despite everything, the crusher had its best performance of the year, the daily average of ore processed is at the top and finally, the movement of waste rock is at its lowest. All in all, we should end the year on a good note.
Assuming that the average gold grade will be similar to that of 2021 (3.51 g/t) and that the good performance of the 2021-Q4 plant will be maintained, we can anticipate an increase in overall performance of approximately 6.3% for the year 2022, representing a total of over 46,000 ounces of gold. If improvements are made to the factory, they will have to be considered by updating my calculations.
Regarding silver production, I intentionally omitted these results from the equation. It's up to you, if you want. For the stripping ratio, my calculations stick to the average per quarter because the variation of this indicator is very significant. Therefore, my anticipation is more conservative than optimistic.