Woulfe Mining Corp WFEMF

Mine life

[maz06]

Hello eveyrone

I am just curious to now how Woulfed obtained mine life of 11.5year for current reserves of 13.3Mt onl slide #3 of the new presentation when it was noted to have 400,000mut produced per annum ?

 

13,300,000 / 400,000 = 33.25 years 

 

Thanks,

[geologyfella]

hi maz actually 400,000mtus are about 4000t out of the roughly 1 to 1.2 mT they plan to mine each year.....   hence the roughly 11.5 year time frame....   the plant is being set at a 1.2mT capacity.... at first....  if you know anything about mines and geology, it's great to use any or all numbers with "about", "roughly", or even "estimated"

[maz06]

thanks