The feasibility study provides the platform for increasing the accuracy of cost estimations
relative to the 2011 and 2012 PEAs. Furthermore, the design production rate has been
increased from 1,500 to 2,700 t/d. Average site operating costs over the LOM are now
evaluated as follows:
• Mining: $94.4/t
• Processing: $18.2/t
• Surface Services: $19.6/t
• G&A: $25.5/t
• Total: $157.7/t
The $180/t NSR cut-off grade provides a minimum $22.3/t operating margin on ore
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