Yukon Nevada Gold Corp T.YNG

Who's the second party?

[exgoldminer]

Interesting, for sure, the highlighted section speaking of milling third party ore. Sounds like a joint venture from here: Newmont?

[Combo9]

Perhaps Romara/Richard has some more insight into this, I know he posted recently not too long ago about the sulfide orphan ore stockpiles. "One great thig we have going in YNG's favour is all the orphan sulfied Au ore lying in stockpiles in the surrounding mining district...the mines and mills cannot process this ore....and only YNG has capacity to process it....I know they want to buy

[MrGRP]

It could be but I am not so sure that them milling third party ore refers to a joint venture. They have spoke about that a lot in the past and Richard also mentioned  they have always spoke of "the orphan sulfied Au ore lying in stockpiles in the surrounding mining district" for some time as  well.  I recently spoke to the company and they confirmed this is one angle they

[goldpet]

What I don't get is why do you spend millions of dollars to reopen the mill and be short on ore to feed that mill, if that is indeed the case here?  On this last CC I didn't hear them say one thing about issues with ore shortages, all I heard them talk about was getting the mill producing at full capacity, which would imply to me they have plenty of ore.

[MrGRP]

First of all I didn't say they couldn't produce sufficient ore to process I said I wondered if they could , this has always been an issue with the mill that is a very hungry mill  and can when up to speed process over 300k. But they ran into this in the past and that is why they struck the deal withprocessing  Newmont ore. And I believe they also mentioned somthing similar in

[goldpet]

I'm aware that they ran into the problem of having to process Newmont's ore in the past and I remember hearing on the CC that they didn't want to get into this situation again, so I wonder why they haven't made the  preparations to have enough YNG ore available to mill if that is the case here?  They've had plenty of time and money available to plan out

[exgoldminer]

Just a thought: If they're developing underground ramps, drifts and stopes at Starvation and more yet at Steer, and reopening the existing pits,  they might want to mill everything in sight for the cash flow while the development is taking place. Development doesn't happen overnight. It would be easy pickings to do a bunch of custom milling, giving the "orphans" a home.