This was from their last CC
Let me turn briefly now to our precious metal production and Gus, I’ll let you cover that one it in brief however in looking at what we have from Australia, those concentrates will last us through the end of this year. And at that point, we will have also received somewhere in the neighborhood of 1,800 ounces of gold and Gus has been working on the gold circuit one for recovery, which looks excellent and secondly to increased production. Gus go ahead.
John mentioned the amount of gold that we should having in the Australian concentrates by the end to run there and I might just mentioned the precious metal sales for first quarter 2016 were $217,617. This compares to 2015 first quarter of $122,665 and that’s an increase of 77.4%, we’re working to increase that even more.
Turning now to our big target, which is Los Suarez. We have finished the engineering and most of the cost analysis to put a cyanide leach plan to leach the tailings from the Los Suarez flotation mill. It’s important, because our recovery of the gold was only on the order of 30%. We’ve run additional cyanide test work, which has indicated very high gold recovery and not quite as high silver, but in the 90% category.
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