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Gold/Mining/Energy : Corner Bay Silver (BAY.T)

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To: russwinter who wrote (925)6/12/2000 12:09:00 PM
From: john.d  Read Replies (1) of 4409
 
<I read 68% (or more)for the important start up pit (5 years production)and then 63% for the rest of the deposit>

I believe that the 63% number is a weighted average which includes the high grade recoveries, so I would assume that the recoveries for the low grade material is less than 60%.

As you point out the initial high grade material is 68% and I think we can expect a bit more since the cores are still under leach. Furthermore they talk about separating the two materials to determine if they can increase the recovery rates for both grades.

Overall I was hoping to see that Magic 70% number, but this looks OK.

John
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