NME 0.00% 3.0¢ nex metals exploration limited

Ann: Commencement of Processing , page-2

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  1. 29,081 Posts.
    lightbulb Created with Sketch. 45

    Yeeha!
    So we now know that processing has just commenced, at the expected rate of 40t/hr, and with low grade first, followed by high grade.
    At the rate of 40t/hr, that stockpile will last approx 1.5 weeks, so I hope the roadtrains can keep supply up, and may any flats be outside ones. I note that the rate of transport is not really that much faster than mill throughput, so we dont want heavy rains.
    In 3 weeks we will have treated 20,160t , all going well,and that tonnage should gives us 1,680 ozs at an initial recovery rate of 2.5g/t., and worth approx $2.68 million.
    ( the 2.5g/t is MY guess till some actual recovery figures emerge).
    So, would be nice to see a gold pour about that time....

    Fingers crossed,
    GZ
 
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