RE:Excellent News.. Gold Production Resumes at Pine Cove MillAn example of superb due diligence by management who obviousky recognized this cheap source of gold fines in Aggregates processed products .
Gold fines is exactly as described....gold so fine as to be unable to be picked up by the fingers.
Installing a gravity circuit in Aggregates processing of waste ore from the Pine Cove mill containing about 15% of the original gold content of ROM head grades ( 85% recovery ) will provide a sustained source of cheap gold at robust grades and very high gross margins.
Plus the gold fines in tailings from Aggregates historical processing of Pine Cove gold milling which has been ongoing for over a decade .
This will provide cash flows to fund our other activities such as quickly ramping up Stoger tight production.
...and get those 7 cent warrants into the money and the extra $6.2 m in cash..