Post by
rockingrooster on Aug 24, 2023 4:54pm
Not sure if anyone read the latest MD&A, re Balabag project
Note; July,2023 shipped # 3,194 GEO (approx 800 per shipmentt) this would yield over $ 6,000,000
The first shipment of gold dor from TVIRD’s 100%-owned Balabag Gold-Silver mine (“Balabag”) was completed on September 30, 2021, and through to June 30, 2023, fifty-eight (58) shipments had been completed in the amount of 44,056 kg dor containing 58,243 ounces of gold (“Au”) and 1,311,770 ounces of silver (“Ag”) for 73,234 gold equivalent ounces (“AuEq oz”). A further four (4) shipments have been completed since June 30, 2023 and through to July 31, 2023, bringing the total number of shipments since completion of the first shipment on September 30, 2021 to 62 shipments in the amount of 76,428 AuEq oz. Plant throughput in July 2023 averaged 2,088 tonnes per day (“tpd”) and 2,304 tpd for the seven months ended July 31, 2023.
Comment by
Bloojay1111 on Sep 01, 2023 2:19pm
Hi Rooster looking at Tonnes Per Day for Balabag was only around 2000 for the month of July. Prior to July TVI was averaging about 3000 TPD. Not sure why but it may be due to the rainy season in the Philippines Here's hoping the get back on track for the rest of the year. Cheers Bloojay
Comment by
rockingrooster on Sep 01, 2023 2:50pm
Hey Bloojay, your numbers are a bit off."Plant throughput in July 2023 averaged 2,088 tonnes per day (“tpd”) and 2,304 tpd for the seven months ended July 31, 2023" Of note is that Plant Availabilty was only 76 % for July and 87 % for the first 7 months.The numbers make sense.Good luck to you.
Comment by
stever50 on Sep 03, 2023 5:58pm
Things are really coming together finally after 15 years