IMPACT Silver (IPT.V) Message Board

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Gold/Mining/Energy : IMPACT Silver (IPT.V)

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To: TheSlowLane who wrote (95)	5/5/2010 2:18:00 PM
From: zoo york	Read Replies (1) of 190

Hi Paul! From what I understand the small production from NB is a nice bonus because it is blended with the meat-and-potatoes ore from the other mines, to increase the overall grade. Sean Broderick put out a video after his recent tour of the project and he stated that production is avg about 350tpd right now, so based on higher tonnage and higher avg grade with the NB contribution that should be enough to boost production right there. Broderick mentioned that some of the ore shoots they are hitting come in above 14,000 gpt silver, which is going to pump up the production even with a relatively low tonnage. But they also stated they want to get to about 450tpd at the mill by the end of this year as they increase production from NB and that is when I think IPT will finally report more than a million ounces of net silver production in one year. And of course since the milling costs will not be much higher running that extra ore, the costs on a per-ounce basis should decline and that goes right to the bottom line. I think once IPT reports a year of 1 million ounces of silver produced it will shake that BM image and be seen as more of a pure silver play. cheers! mike

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