CMM - The production scenarios from the Sigma/Lameque for 2007 are quite easy to bracket.
We know that the capacity of the mill will be increased from 5000 tpd to 6000 tpd by late 2006.....the heavy equipment which will arrive in June will ensure carrier sufficiency.
On the conservative side, one would assume that only the extra 1000 tpd will be used for the Lameque ore, with the remaining 5000 tpd for the Sigma open pit ore.
Using the same published parameters as I used previously,the Sigma ore would generate 90,000 oz/year ( this years production forecast from Sigma ) plus another 55,000 oz from the Lameque underground mine.
The total is 145,000 oz per year, or about the same as production5's lower limit of 150,000 oz/year.
If the mill capacity is split 4000 tpd to Sigma open pit and 2000 tpd to the Lameque underground mine, the annual production rises to 180,000 oz.
This is what I consider to be the best estimate, as the total ore have a sufficient proportion of Lamque ore to significantly lower overall cash costs.
As I posted yesterday, there are a couple of Sigma/Lameque wild cards that could increase the above production forecasts.........the higher grade ore in the West Plug, the higher grade ore in the extension to #1 vein, and the amount of residual high grade ore in the shaft at Lameque.
It is also my understanding that we shall get an early release of Q1 numbers............
stockhouse.ca;
AZK / MNG /
CMM.V / IPT.V / MUG.V
PRZFF.PK ( PRZ.V ) / BDRGF.PK ( BGL.V )
RDFVF.PK ( RDV.TO ) / NSM.V |
