Tailings of gold at 0.5 oz a ton at 2.5tons per hour x 24 hours= 30 oz of gold a day!! x 30 days = 900 oz gold per month!! x $1300.00 = $1.17 million gross per month!!
and does not include SILVER!!!
The plant is currently processing 2.5 tons/hour of material based on 2-twelve hour shifts. This current reduced production rate is a direct result of weather issues and reconfiguring the mill for additional installations of components. Once the installation of the belt press has been completed in March 2011, the mill will initially increase to 3 ton/hour or 1500 tons per month. The Company intends to increase output beyond 3 tons/hour upon the successful outcome of mill circuit changes.
However this does not make sense!!
3 tons per hr x 24 hrs x 30 days = 2160 tons a month not 1500 tons???
( maybe not working weekends?? x 20 days instead of 30??)