Hey jyates, I don't fully understand the relationship between the assay and actual recoveries. I know you never get it all, but the higher the gold in the assay, the higher the amount that "should" be recoverable. Our dredge sample of 21.3 grams per ton is excellent by most standards. To put it in perspective, there are hard rock operations making a profit at 6-8 grams per ton, even less in many cases. Of course they are running bulk tonnage year round and they are capturing a higher percent of what's there, but still you have to like our numbers in that context. Our costs and overhead is miniscule by comparison, plus at 90% + purity, we don't have to refine it.
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