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Re: jumanji0881 post# 29254

Friday, 02/17/2017 3:47:29 PM

Friday, February 17, 2017 3:47:29 PM

Post# of 37911
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The Buriticá mine should be able to process 2,100 tonnes of ore per day over the first 3 years and 3,000 tonnes of ore per day over the rest of the mine life. The expected gold and silver recoveries are 94.1% and 59.9% respectively. The average annual production should be 282,000 toz gold over the first 5 years and 253,000 toz gold over the life of mine. Due to the high-grade nature of the ore, very high recoveries, and relatively low labor costs, Buriticá should become one of the lowest cost gold mines. The AISC should be only $496/toz over the first 5 years and $492/toz over the life of mine.

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