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Re: wildcat2 post# 2482

Monday, 04/27/2009 4:27:53 PM

Monday, April 27, 2009 4:27:53 PM

Post# of 8637
Here is a quick summary of what I've read:

Golden Eagle @ Jerrit Canyon

Completed first pour

4000 tons of ore
260 ounces of gold
@ $887 per oz
= $230,750

Jerritt Canyon will process 90,000 ounces by the end of the year (includes the Newmont ore)

2000 ounces per week for the next year
When underground mining resumes by the end of the year, they will be processing 140,000 oz per year

Golden Eagle has a 5 year contract to operate the mill as a sub contractor. Gets 20% management fee above their operating cost for running the mill

Awesome video of a pour last year at

www.yukon-nevadagold.com/i/misc/goldpour/index.html

There's $1,598,043.88 million in those three cones!

WC2