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Gold/Mining/Energy : Golden Triangle

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To: klinker who wrote (97)	8/6/2012 1:50:09 AM
From: klinker	of 493

so once they have increased the indicated reserve at pretium then they will have enough ore to increase the size of their planned mill.. ergo the 340k ozs or whatever of production planned per year will climb to over 600k ozs with as little as 1000 tpd increase in mill capacity.... and of course from mining some of the higher grade 25 gram per tonne ore... once the mill is under construction the company has the option to start developing the higher grade 2 gram per tonne open pit material... the stewart granduc powerline can support between a 30k to 40k tonne per day operation... that works out to 12-15 million tonnes per annum operation... 12 million tonnes by .06 ozs would produce 720k ozs per year.. leaving the metric calculation for recovery so pretium is looking like a two stage development that will eventually produce about 1.2 million ozs per year... when the second project gets underway is not long after the first one is on the road to completion... all in all a world class project

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