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Alias Born 03/25/2004

Re: None

Thursday, 04/05/2007 8:23:42 PM

Thursday, April 05, 2007 8:23:42 PM

Post# of 102667
I worked the grading numbers backwards using the following assumptions.

3 weeks operation
120 TPD rate
Minimum 800 ounces

Using this simple equation:

(Days x TPD) x Grade = ounces

Grade = Ounces/(DaysxTPD)

Grade = 800/2520

Grading about .32 ounces/ton

First Dutch Gold Dore Bar

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