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Saturday, November 29, 2008 6:43:53 PM
The value of the gold mined under the current scenario, with 40 MT purchased
and processed daily from artisan miners, equates to roughly $3.5 - $4 million
USD on an annualized basis, assuming an average of 12g/t of gold, 40 MTD
production, and a market value of $800 per ounce.
As the mining facilities come online, the processing capabilities of the plant are
planned to increase to 200 MTD level. The operations will scale up to roughly
65,000 metric tones annually, with a value of roughly $18 - $20 million USD per
annum based on an average commodity price of between $800 -$850 USD pe
NEW FILING - MONA - Andrea SA Peru Gold Mine Business Model
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=18566
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