San Gold Corporation (SGRCF)

[goldenpolarbear]

Achieving Free Cash Flows in 2014
1. Focus on core Hinge, 007 and Rice Lake production ramps.
2. Integrate Hinge zone with 16 Level tracked haulage / A-Shaft.
3. Cancel or defer non-critical PPE and Capital Development.
4. Implement grade control initiatives to achieve 5+ gpt Au.
5. Minimize surface exploration through 2014.
6. Reduce spend outside Rice Lake gold belt.

http://www.sangold.ca/i/pdf/corporate_presentation.pdf

RESOURCE SUMMARY
* 3.4 million ounce Au global resource ? Proven and Probable Reserves
– 405,400 oz Au (2,653,900 tons at 5.24 gpt)
* Measured + Indicated Resources (Inclusive of 2P Reserves)
– 555,600 oz Au (2,790,000 tons at 6.83 gpt)
* Inferred Resources
– 2.9 million oz Au (15,939,300 tons at 6.24 gpt)