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San Gold Corporation (SGRCF) RSS Feed

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SAN GOLD CORPORATION (SGR:TSX-V)

 

http://goldstocksdaily.com/wp-content/uploads/2010/07/PlantSite.jpg

 

The Gold Refinery

The mill complex produces gold using gravity concentration systems to produce 50% of the gold and flotation and carbon in-leach circuit to produce the other 50%. The mill pours its dore gold bricks on-site and transports them refineries to achieve LSE grade gold bars.

The mill complex discharges tailings effluent to the tailings pond 2.5 km northeast of the mill complex. Water is recycled through the mill to the maximum extent possible. The tailings pond settles the solids and the cleaned water is transferred over a dam to the polishing pond. Once it has a long-enough dwell time in the polishing pond it is discharged to the environment in compliance with the Manitoba Conservation license and with all Federal regulations.

Milling Process

The Rice Lake mill employs gravity concentration, flotation and carbon-in-leach circuits. Maximum capacity currently is 1,200 tons per day.

Since mills run at maximum efficiency when they are run at or near capacity, the mill is currently being run at full capacity part-time. The mill currently operates on a demand basis. Ore from the both the Rice Lake and Hinge mines is stockpiled until sufficient ore is available to allow the mill to run for a minimum of two weeks.

http://www.sangold.ca/s/Ops.asp?ReportID=402521&_Type=Operations-Items&_Title=The-Gold-Refinery

 

Resource Audit History


Current Resources 

NOTE: These figures add figures from multiple disclosure updates

 

M plus I

835,755 ounces

[2,244,160 tons at 0.37 oz/ton]

 

Inferred 

2,259,227 ounces

[6,441,740 tons at 0.35 oz/ton]

 

[Source: Compilation of National Instrument 43-101 compliant technical reports dated April 12, 2010 and Dec. 1, 2006.]

A tabular summary of the Company's published Resource and Reserve information is presented on the Reserves and Resources page. 


April 12, 2010 disclosure update

Hinge + 007

M plus I

432,875 ounces  

[687560 tons at 0.63 oz/ton (21.6 g/tonne)]

Inferred 

1,061,557 ounces

[1,668,940 tons at 0.64 oz/ton (21.9 g/tonne)]

 

 

 

 

Hinge

M plus I

239,180 ounces

[612,600 tons at 0.39 oz/ton (13.4 g/tonne)]

 

Inferred 

538,700 ounces

[1,375,200 tons at 0.39 oz/ton (13.4 g/tonne)]

 

 

 

 

007

M plus I

193,700 ounces

[74,960 tons at 2.58 oz/ton (88.4 g/tonne)]

 

Inferred 

522,860 ounces

[293,740 tons at 1.78 oz/ton (61.0 g/tonne)]

 

[Source: National Instrument 43-101 compliant technical report dated April 12, 2010 entitled "Technical Report Mineral Resource Estimate Hinge and 007 Zones" with an effective date of Dec. 31, 2009 prepared by Peter George of GeoEx Limited.]

http://www.sangold.ca/s/Ops.asp?ReportID=405604&_Title=Resource-Audit-History

$98 million in cash and no debt 

300 million shares outstanding 

2009 Production - 25,000 oz of gold

2010 Production - 50,000+ oz of gold

2011 Production could increase substantially as Rice Lake Upper, Lower, Hinge and 007 are mined. Hinge and 007 adds significant ounces and reduces cost per ounce via grade. A potential fourth zone gets added in 2011(L13 or Cohiba).

San Gold also plans to increase the mill capacity from 1250 to 1800 tpd in 2011 as more of the ore bodies are mined.

 San Gold currently owns 12,000 hectares in the Rice Lake Greenstone Belt and has access to 3,000 additional hectares through option agreements and joint venture agreements with other explorers in the Belt. The Company controls a land position 12 kilometres long that runs east and west along the mine horizon. Also, there is a large zone of alteration and several old mining shafts from the 1920's and 1930's on holdings in the southeast portion of the exploration area.

http://www.sangold.ca/s/Ops.asp?ReportID=402519&_Title=Exploration-Model

Results. Potential.

Development 

  • Two mines in production - Rice Lake and The Hinge
  • The Hinge went into production within two years of discovery.
  • First ore from a third mine -- 007 -- to be mined this summer.
  • Mill production expected to approach capacity this year as new ore development comes online.

Results

  • Consistent growth and market appreciation since 2005.
  • Revenues tripled from 2008 to 2009 -- from $8.7M to $27.8M.
  • On track to double revenues again this year.

Potential

  • Four new gold discoveries over the past two years at The Hinge, 007, Cohiba and L-13.
  • High-grade potential throughout the region.
  • Drilling continues to move the geological model from discrete zones to an interconnected system of veins.

San Gold Presentation @ the Denver Gold Show -

Go to the 10:35 presentation -

http://www.gowebcasting.com/conferences/2010/09/20/denver-gold-forum



V.SGR Detailed Quote -
http://www.investorshub.com/boards/quotes.asp?ticker=v.sgr


SAN Gold 2007 - She is a Beauty -

San Gold Powerpoint Presentation - May 22, 2007
http://sangoldcorp.com/index.php?id=67

www.sangoldcorp.com/index.php

Glittering Future - Rice Lake Gold Mines Reopens -
watch the video...

http://www.smartstox.com/interviews/sgr.php

http://winnipegsun.com/Business/2006/08/24/1772619-sun.html

San Gold is looking to produce a minimum
of 100,000 ounces in 2008 -

www.ivarkreuger.com/metalcharts.htm



The Rice Lake -

Greenstone Belt is geologically similar to

The Red Lake Camp -

one of Canada's richest and most extensive Gold deposits -




San Gold holds a key stake in the Rice Lake Greenstone Belt,
and is well-positioned to explore and develop the Gold -
resources in the region.
It controls 15 km of mine horizon, containing -

 

The Bissett Gold Mine -
and 3 deposits (SG #1, 2,and 3).
In addition, it holds 7000 hectares of exploration property
in the Belt, and has the ability to expand its holdings.
The Rice Lake Greenstone Belt is geologically similar to
the Red Lake Camp, one of Canada's richest and most
extensive Gold deposits.


http://www.granite.mb.ca/~bissett/images/rlgoldmine.jpg


The Bissett Gold Mine -
is located approximately 100 km west of Red Lake on the Western Uchi sub-province.
It includes a fully-permitted 1,250 tonne per day mine, mill
and infrastructure, and is the only operational facility -
in the Belt.







Red Lake Complex -


Following the discovery of a high grade ore zone and subsequent
expansion of mine facilities, the Red Lake Complex was
revitalized and achieved full production on January 1, 2001.
Mining is carried out using underground cut and fill
techniques allowing maximum ore extraction and minimal
dilution.
The high-grade, narrow vein system is being mined at the rate
of 577,272 kilograms (635 tonnes) per day with an average
grade of over 68 grams/ tonne (two ounces per ton).
The high-grade mineralization and complex geometry of the ore
body require operating under unique circumstances.
Various mining cut and fill methods are currently in use.

The implementation of innovative mining techniques, as well as
improvements and refinements to other areas of the operation,
has been key to the success of the Red Lake Complex in the
last four years.
Goldcorp has implemented the use of new Virtual Reality (VR)
technology for mine design and planning purposes, and has
recently built a state-of-the-art VR studio on site.
Goldcorp is also spending C$196 million on a new 1,924 metres
(6,312 ft.) deep shaft currently under construction.
The new shaft to be ready in 2007, will increase hoisting
capacity, reduce time to access the workplaces, and provide
significant cost savings.



The Bissett Gold Mines - San Antonio Mine -
The Rice Lake Complex -


The Gold Mine (historically known as the San Antonio mine)
operated continuously from 1932 to 1968 and
produced 1.36 million ounces of Gold from 4,876,000 tons.
Limited underground exploration and development took place
until 1996 when Rea Gold began an extensive construction and
development program.
In addition to the above-mentioned infrastructure, Rea Gold
deepened "A" shaft to 4,200 feet, eliminating the need for two
out of three internal winzes.
"A" shaft is now directly linked with "D" winze,
where Harmony Canada's production originated and
the bulk of the resources lie.
Harmony Canada completed construction and produced 110,000
ounces before placing the property on care and maintenance in
2001, due to the gold price and the mine's declining
significance in the wake of Harmony's remarkable growth.
Total capital expenditures to date since 1994 are over
$120-million -

Stanlie Hunt Interviews Dale Ginn, President,
and Rick Boulay, CFO, of -




(SGR-TSX.V) San Gold Corporation has a strong gold resource
base with excellent exploration potential in Manitoba's
Rice Lake Greenstone Belt.

The company holds 7000 hectares of exploration property
in the Belt which is geologically similar to the nearby
Red Lake Camp, one of Canada's richest and most
extensive gold deposits.

They have great infrastructure in place and actual
gold production is just underway at
their 1250 ton/day mill.

SAN GOLD MINE TOUR - APRIL 19th -
http://www.investorshub.com/boards/read_msg.asp?message_id=19004189
By NorthLion

San Gold is looking to produce a minimum
of 100,000 ounces in 2008 -


http://www.smartstox.com/interviews/sgr.php

Filmed at the World Gold, PGM and Diamond Investment Conference, held in Vancouver, June, 2006

http://www.sangoldcorp.com/

The San Gold Mine -
historically known as -

The San Antonio Gold Mine -



operated continuously from 1932 to 1968
and produced 1.36 million ounces of Gold
from 4,876,000 tons.

Limited underground exploration and development took place
until 1996 when Rea Gold began an extensive construction
and development program with the intent of operating at
1,000 tons per day.

The mineralized veins form 3 groups or sets, oriented -
in three different attitudes, and developed in shear -
and fracture zones which cut the sill -
in all, 132 separate veins were worked.

In 1961, a mass of native Gold weighing 211 oz.
was discovered -
The Gold/Silver ratio in the mine averaged 6:1 -

The mill was formerly famous for its high recovery -
about 98% Au from heads assaying about 0.288 oz./ton.

In addition to the above-mentioned infrastructure,
Rea Gold deepened "A" shaft to 4,200 feet, eliminating
the need for two out of three internal winzes.

"A" shaft is now directly linked with "D" winze,
where Harmony Canada's production originated and the bulk
of the remaining resources lie.

Harmony Canada acquired the property in 1998.

Harmony Canada completed construction and produced
110,000 ounces before placing the property on care and
maintenance in 2001, due to the gold price and the mine's
declining significance in the wake of Harmony's
remarkable growth -

Total capital expenditures to date since 1994
are more than $120-million -




Rice Lake Mine photos - May 24, 2007 (see movie shorts below)

93 vein on 28 level (4,500 ft deep).


Massive 93 vein blow-out on 29 level (4750ft deep)


Two-Boom Jumbo at bottom of Rice Lake mine ramp (5400 ft deep or 1.9 Kms deep)

Jumbo heading into newly discovered 96 vein at bottom of Rice Lake ramp (5400 ft deep or 1.9 Kms deep). See close-up below.

Close-up or the massive stockwork of the newly discovered 96 vein the deepest (so far) part of the Rice Lake mine ramp. (See Press Release)


Large ball mill, with grinding media (steel balls) in barrel.

Clean-up tray ready for the furnace. Brown and grey particles are mainly iron shards that may contain gold. They are melted along with the gold recovered in the gravity circuit.

Movie Shorts (You may need to download a Quicktime or other plug-in. Use the back arrow to return to this page)

Ore feed from crushing plant

Ore enters the primary ball mill

Feed end of primary ball mill

Long view of primary ball mill

Milled ore exits primary ball mill

Regrind mill

Banks of flotation cells

Close-up of a flotation cell

Top view of a leach tank
http://sangoldcorp.com/index.php?id=129


Recent News:
San Gold Develops High Grade "98" Vein at Rice Lake -
http://www.marketwire.com/mw/release_html_b1?release_id=179049

San Gold Finds New Vein at Depth -
http://www.marketwire.com/mw/release_html_b1?release_id=178030

San Gold Expands Resources Study Scope to Include Cartwright Mine Feasibility
http://www.marketwire.com/mw/release_html_b1?release_id=172294

San Gold Deep Drilling Yields Impressive Grades and Widths -
http://www.marketwire.com/mw/release_html_b1?release_id=169697

More Recent News:
http://www.sangoldcorp.com/index.php?option=com_content&task=category§ionid=1&id=1&a....

SAN Gold 2006

http://tinyurl.com/78l2t



SGR San Gold being poured into mould -


SGR San Gold dore brick cools in the mould -


This is the approach to SGR#1 - this SGR#2 Gold Mine -
is about 2 miles east of the main Rice Lake mine.
It is accessed through a declining passage cut through solid
rock, approximately 6000 feet long, descending until it reaches
good Gold Ore-bearings formations about 700 feet below
the surface -


SGR San Gold Mine -
A view of workers underground at level 5 in SGR#1 Au mine -

NorthLion thanks for SGR pictures and info.

SGR SChart TA Alert *** Bullish Flag - Pennant ***




Higher Grade Ore Encountered
in Deep Levels of
Rice Lake Mine --
Corporate Update
1/31/2006

http://tinyurl.com/a46u9

http://www.sangoldcorp.com/




WOW!! look how wide that vien is. Looks like they blasted over
20 feet wide. How much ore do you think Richard is standing on?
What is it worth at 1.2 oz/t? WOW!!
By: elementwise1

www.silverbearcafe.com/

http://tinyurl.com/bugz2

Dear Friend of GATA and Gold:

http://www.goldrush21.com/

San Gold - POG LT Chart TA Patterns -



What if you invest in San Gold and it become a LION -
ex. in 1975?..
take a look at the past gains in a few juniors:




$GOLD INDX Chart TA TI P&F Alert Bullish Price Objective $2,040.0 / oz

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$GOLD,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y

http://4.bp.blogspot.com/_wmz32xeNKtU/S-N_qpFEFJI/AAAAAAAACHQ/xbsXB2pdRnk/s1600/Gold+10+year+weekly+chart+thru+5-6-10.png

This is why I do buy SGR GOLD Mines -

The truth is that our financial system has now reached a terminal phase.  Just look at the chart below.  Really look at it.  How can any financial system survive debt that is rising this fast?  The printing and borrowing of money continues to spiral out of control with no end in sight.  It is hard to imagine any scenario in which we can even achieve a "soft landing".  One way or another, this exploding debt is going to take us down.....

So are the politicians sorry that they have saddled us with all of this debt?



http://www.mrci.com/pdf/gc.pdf

POG TA LT Chart 2001 - 2005 pattern -
in a larger scale -
is a reflexion and similar to -

POG TA LT Chart 1976 - 1979 pattern.

Q. -
POG TA LT Chart 2006 - 2007 pattern -
- to be a reflexion and similar to -

POG TA LT Chart 1979 - 1980 pattern ? -

San Gold is looking to produce a minimum
of 100,000 ounces in 2008 -

http://www.smartstox.com/interviews/sgr.php

Filmed at the World Gold, PGM and Diamond Investment Conference, held in Vancouver, June, 2006

A. -
The continuation of the 1979 - 1980 reflexion -
in a larger scale is still soon to be seen -

Gold in 2006 -
Everday Good for Gold -


http://www.sangoldcorp.com/

Production did begin from both mines in December
as ore was broken and is now being stockpiled
as the mill is still a couple of weeks from
being able to process.

We had to send out our grinding mill bearing
liners for machining to Sudbury which delayed
the mill start-up.

The mill is however able to process 1200 tons
per day and we are just beginning the mining
process, this year will average 400 tons per
day so catch-up on the milling side is not
a problem.

We will update in the form of a news release
when appropriate and enough of the new orebody
has been mined and sampled to warrant
such a release.

Best Regards,

Dale Ginn, P. Geo.
President - San Gold Corporation
(204) 794-5818
(807) 543-2435 fax
dginn@sangoldcorp.com


V.SGR MSP Detailed Quote -
http://www.investorshub.com/boards/quotes.asp?ticker=v.sgr

SAN GOLD Corp. DD ...
http://www.sangoldcorp.com

http://www.webpennys.com/profiles/san_gold_corp.html



http://jsmineset.com/wp-content/uploads/2010/10/clip_image0013.jpg

SAN GOLD Richer Than Fort Knox? smile

About Fort Knox Gold -
http://www.apfn.net/Doc-100_bankruptcy10.htm

Red Lake Gold Mine is one of the lowest cost
gold producers but it didn't get this kind of high grade
gold drill result at shallow levels as San Gold got -

E.g.,
San Gold Corp. SGR should gain on the leader smile
Results from the infill drill program in the immediate area
of planned bulk sampling include drill hole
# CD-10-091 which
yielded 134 g/tonne (3.9 oz/ton) over 3.1 meters (10.2 ft)
at 240 meters (800 ft) below surface within a broader
intersection of 53 g/tonne (1.55 oz/ton) over 9.6 meters (31.5 ft).
Near surface or upper extension results were highlighted by drill
hole # CD-10-68 which
cut 26.5 g/tonne (0.77 oz/ton) over 3.3 meters (10.8 ft).
Results from the lower extension of the deposit include drill
hole # CD-10-040 which yielded 19 g/tonne (0.55 oz/ton) over 2.5 meters
(8.2 ft) at a depth of 411 meters (1,350 ft) below surface.

Nice to ride with an Au winner
smile









Cool news release.
There should be a lot of visible gold once they break into
the High Grade Corridor.
It would be neat if they post photos.

http://www.sangold.ca/s/NewsReleases.asp?ReportID=409617&_Type=News-Releases&_Title=Bulk-Sampling-Commences-at-007-Zone-Drilling-Confirms-High-Grade-Corridor-O...

http://www.sangold.ca/s/Operations.asp

http://www.sangold.ca/s/PhotoGallery.asp

http://www.sangold.ca/s/Ops.asp?ReportID=402356&_Type=Operations-Items&_Title=The-Hinge-Mine

San Gold Corp. - Bissett History -

San Gold's Rice Lake Gold Mine -


http://www.granite.mb.ca/~bissett/history.html

San Antonio Gold Mine -



The San Antonio Gold Mine region


Mill, Office and No. 3 shaft,
San Antonio Gold Mine, Rice Lake, Manitoba.


Mill, Office and No. 3 shaft,
San Antonio Gold Mine, Rice Lake, Manitoba. 1

San Antonio Mine, Rice Lake District, 1929.


San Antonio Mine, Rice Lake District, 1929. 2

San Antonio Mine, Bissett.

San Antonio Mine, Bissett. 3


God's Lake gold mine. Mine buildings and settlement.
God's Lake, Manitoba.

God Bless

Gov. Debt - MOAB - Mother Of All Fiat Bubbles -

http://monetaadvisors.com/?p=67

Gold has replaced every fiat currency for the past 3000 years -

http://www.kwaves.com/fiat.htm

http://www.canadiancontent.net/commtr/fiat-currency-fall-dollar_958.html

Gold chart LT 2nd bull wave and most peaks in gold are
covered by a war ...








..in case of WW the gold producer -
need to be in strategic LT safest place -

http://investorshub.advfn.com/boards/board.aspx?board_id=5396

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54066855
Welcome to enjoy SGR -
InvestorsHub forum
Imo. Tia.
Brgds
Bob


http://www.goldrush21.com/


Money Masters: Federal Reserve History part 1 of 3

http://video.google.com/videoplay?docid=8442305921010099392&q=conspiracy

Money Masters: Federal Reserve History part 2 of 3

http://video.google.com/videoplay?docid=5020331178524208549&q=conspiracy

Money Masters: Federal Reserve History part 3 of 3

http://video.google.com/videoplay?docid=6666372716915416357&q=conspiracy


www.silverbearcafe.com/


Those who make peaceful REVOLUTION impossible will
make violent REVOLUTION inevitable.
- John F. Kennedy

Shut Down The Federal Reserve: Save America!
http://www.ipetitions.com/petition/AFTF_P_1/
†With God all things are possible†
by: todd h

ROB-TV in exposing the Gold price suppression scheme -
http://www.youtube.com/watch?v=GbPetrK_6Lc&mode=related&search=

Join GATA -
http://www.GATA.org.

http://www.vatican.va
http://tinyurl.com/365wag

HON. RON PAUL OF TEXAS -
Before the U.S. House of Representatives -
The End of Dollar Hegemony -
http://tinyurl.com/uq9kf

Second wave LT trend started - of the 5-wave Elliott pattern -

http://www.kitco.com/images/live/gold.gif

The only caveat is please no attacking each other personally.

Welcome to the San Gold Corp. discussion board

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