2012....
Mexus Enterprises can now project costs per ounce gold equivalent. Based upon using an experienced and well equipped mining contractor at a rate of $2.09 USD per ton. These cost projections are based on information contained in an August 2013 report by geologist Ing. Javier Martinez which Mexus Enterprises published September 16, 2013. This report indicates the gold and silver content is considered to be 1.23 grams of gold with a 70% recovery of 0.86 grams of gold and 24.60 grams of silver with a 70% recovery of 17.32 grams of silver per ton of ore. Based upon a stable production of 3,000 tons of ore a day, Mexus Enterprises anticipates 108.60 ounces gold equivalent per day. At 3,000 tons of ore per day production, Mexus Enterprises can make the following cost projections:
Established daily direct costs to produce: $ 20,246.07
Contract miner at $2.09 per ton: $ 25,080.00
Contingency: $ 4,682.61
Total projected mining costs for 3,000 ton: $ 51,508.68
Gold equivalent ounces per day: $ 108.60
Projected cost per gold ounce equivalent: $ 474.30
Gross sales per day: $141,179.31
Projected net per day ($1,300 gold & $20.00 silver)
$ 89,670.63
The Mexus Enterprises existing 1,600 gpm gold recovery plant has the capacity to handle 6,000 tons per day production.
The 3,000 tons per day is considered to be a start up amount. Mexus Enterprises has a target production rate of 6,000 tons per day. At the 6,000 tons per day, Mexus Enterprises can project a gold equivalent recovery of 217.20 ounces per day with a gross sales amount of $282,358.62, a projected net per day of $202,577.33, and a projected cost per gold ounce equivalent of $367.17.
