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Gold/Mining/Energy : byg

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To: Gramps who wrote (593)11/12/1997 7:49:00 PM
From: ross@canada  Read Replies (1) of 769
 
I spoke with Slack's the other day and they have run the mill quite nicely at 1000mtpd and even up to 1400mtpd . My understanding is that they will run it at about 700mtpd until they have lowered the level in the tailings dam. As was stated in the release cash costs for production are under $160us per oz. They are currently 90% done on a new resource estimate and should have the fourth quarter results and new resource estimate out very soon. They beleive they have more that sufficient sulphide reserves at current prices to justify the Whitehorse facility.
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