Diamond Creek Mill – 2012 Tailings Production Estimate (Based On Processing 100 Wet Tons Of Ore Per Day)
GOLD SILVER
Gr/ton 4.38 16.44
Expected Recovery 83% 57%
Oz (Based on 31.10 gr per oz) 0.094 .483
Net Oz/ton 0.1169 0.3013
Tons per day (Dry)= 100 wet tons 40.3 40.3
Net PM Produced/Day (Oz) 4.71 12.14
Net PM Produced/Year (Oz) 1,719 4,431
Net PM Produced/Year after 2% process loss (Oz) 1,685 4,342
PM Value $1,625.00 $30.00
Bullion Dore Value (Revenue) $2,738,125.00 $130,260.00
Total Revenue (based on 240 production days for 2012) $4,060,800 $475,272.00
Less Daily Production costs (incl 40% futa Suta etc) $3,900.00/day $3,900.00/day
Yearly Production Costs $1,423,500.00
Cost per Ton $121.49
2012 Net Profit
$1,444,885.00