Source: Clive Maund for Streetwise Reports
October 16, 2018 (Investorideas.com Newswire) Technical analyst
Clive Maund uses charts to explain why he believes
the gold bear market is over.
https://www.investorideas.com/news/2018/mining/10163Gold.asp
mick RE: what cost per ounce of gold to mine ?????
For 2018, operational guidance at the mine is 15,000 to 20,000 ozs Au
at cash cost of US$600 - $650/ oz Au and all-in sustaining costs of
US$620 - $670/oz Au.
(Click here for 2018 company guidance press release)
https://www.premiergoldmines.com/our-properties/production/south-arturo/overview
Overview
Premier holds a 40% interest in the South Arturo Property with
Barrick Gold Corporation owning the remaining 60%.
The South Arturo Deposit is located on the historic Dee mining claims
approximately 25 miles northwest of the town of Carlin,
in Elko County, Nevada.
The South Arturo Property is within the Bootstrap mining district at
the northern area of the Carlin Trend.
The Bootstrap mining district includes the Tara, Bootstrap,
Capstone, Dee and Storm gold mines.
Premier is now partnered with a highly-skilled operator in the
production of a gold and silver property that has significant
leverage to future increases in the price of these precious metals.
South Arturo provides potential for open pit production that could
extend over 8 to 9-year period with underground mining opportunity
as a further upside.
The mineralized material from South Arturo will be trucked primarily
to Barrick's Goldstrike Mine for processing.
The focus for 2018 will be to commence construction of the
Phase 1 open pit and
El Nino underground deposit, which be developed
from the bottom of the Phase 2 pit.
For 2018, operational guidance at the mine is
15,000 to 20,000 ozs Au at cash cost of US$600 - $650/ oz Au and
all-in sustaining costs of US$620 - $670/oz Au.
(Click here for 2018 company guidance press release).
https://www.premiergoldmines.com/our-properties/production/south-arturo/overview
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Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
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