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Re: Copeydope13 post# 15967

Sunday, 01/18/2015 10:47:02 PM

Sunday, January 18, 2015 10:47:02 PM

Post# of 63744
It looks like the Mwendaboko pit has the highest grade resources at Namoya. There is 280koz of resource in the measured category at 3 g/ton grade, which is indeed very high grade for an open pit mine. So there is 2 years worth of high grade material that will be mined first with very low cash costs, allowing for faster payback of the debt that was incurred to build the Namoya mine.



Current word is the ore being taken from Mwendaboko pit is 'super high-grade'. That stands positive for future numbers, high grade is a heck of a lot cheaper to process!

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