| | | Mark (LT) this is important!
"Prices Paid/Tonne, RE's us$8500 - PEA us$7500, imo a surprise lurking for the 4th sector and that prices are not set for LiB, Fuel Cell and Powder Met. I believe by year 1 mining Chahar and Yamashito will have contracted higher than avg us$8500/t providing a big boost to NPV and IRR."
Now I want everyone to have a look at the exchange rate used by RPA in the 43101!!!!
www.rpacan.com
Zenyatta Ventures Ltd.
–
Albany Graphite
Deposit
, Project #2156
Technical Report NI 43
-
101
–
January 16, 2014
Page
14
-
20
TABLE 14
-
7 PIT
SHELL O
PTIMIZATION
F
ACTORS
Zenyatta Ventures Ltd.
-
Alban
y Graphite
Deposit
Overburden
Pit Slope
-
30°
Bedrock
Pit Slope
-
45°
Exchange Rate
US$1.00 = C$1.00
Waste Cost
US$3.00 per tonne
Ore Mining Cost
US$4.50 per tonne
Processing Cost
US$40.00 per tonne
Process Recovery
80%
G&A
US$10.00 per tonne
Gra
phite Price
US$8,500 per tonne
Selling Cost
US$50.00 per tonne
Block Size
10 x 10 x 10
m
The Whittle analysis gave a discard cut
-
off grade of 0.59% Cg. RPA
used
a cut
-
off grade of
0.6% Cg for reporting of
M
ineral
Resources.
The revenue factor 1 pit
shell
was then
transferred to GEMS for open pit resource reporting and served as a limit for underground
resource reporting.
The
relatively low cut
-
off grade of 0.6% Cg used to report Mineral Resources, compared to
flake graphite projects,
is
due to an
assumed market price of $8,500 per tonne Cg. Zenyatta
and its technical advisors believe that hydrothermal graphite from the deposit will command
higher prices than flake graphite products, based on process testwork completed
in early
2012
. Bench scale t
esting of the Albany graphite material using a caustic bake method at
SGS
Lakefield
generated
a product at 99.99% carbon purity with good crystallinity |
|
