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Bullboard - Stock Discussion Forum Yukon Nevada Gold Corp T.YNG

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > Allied Nevada Gold/Silver Agreement
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Post by Combo9 on Jun 08, 2012 12:52am

Allied Nevada Gold/Silver Agreement

Fantastic news really!  An excellent way to make use of spare capacity.  A quick look at the Allied-Nevada Gold suggests the initial 162 tonnes will contain 13,300 oz Au and 36,900 oz Ag.  At current spot levels, that corresponds with a gross value of $21,546,000 from the gold and $1,051,650 from the silver, for a combined gross pre-sharing gross revenue of $22,597,650 from the initial reserves.

Assuming similar grades in the future (82.1 oz/t Au and 227.8 oz/t Ag), recurring 15-30 tonnes/month, that should correspond with gross pre-sharing revenue of $2,092,375 / month on the low end (15t) up to $4,184,750 / month on the high end.  Excellent!

all imho, dyodd

Comment by exgoldminer on Jun 08, 2012 10:17am
This is saturated carbon from heap leaching. They say that YNG will be receiving a milling rate commensurate with similar deals Allied has done in the past. Anybody know what that might be?
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