RE:Scoping of 2024 FS StudyYou will note that ai have kept the mill throughput to just 1100 tpd , rather than the full 1400 tpd milling capacity of the Pine Cove mill.
The extra 300 tpd plus the 700 tpd from the Nugget Pond mill ...amounting to 1000 tpd..will be reserved for toll milling of NFG open pit production, with estimated 100,000+ ounces per year at conservative grades , but may be significantly higher depending on the actual grade being higher than 7 grams per ton.
However, unti toll milling begins , I presume that the full 1400 tpd will be allocated to HD production which would increase to 100,000 ounces per year for first one or two years.
Adding a fourth stage crushing circuit would increase Pine cove by about 15% or so which would boost milling output to about 1600 tpd.
They are also looking at buying used mining equipement in order to reduce capex costs.
Lets hope they give us a Xmas present in the form of a substantial NR.
GLTA