The target production of plant in full production was 140,000/year or 384 tons/day.
Production to end of March:
Dec Qtr........14,077 tons (153 tons/day) Mar Qtr........16,785 tons (186.5 tons/day)
Fitment of SAG mill should increase throughput to 140,000 tons/year 384 tons/day.
Even if we assume a conservative 350 tons/day throughput & if ore grades are similar to Mar Qtrs then the annualised forward production based on Mar Qtr grades annualised result should be :-
This would be an increase of 74% in gold & 24% silver. .
Of cource this assumes that ore grades over the next year will be similar to the March Qtr.(The plant has been running at half capacity due to SAG mill not being in circuit & KRM has probably picked high grade ore to compensate.)
Once SAG mill is installed & proven then KRM will likely upgrade production stats & revise forecasts..
Moorookamick
KRM Price at posting:
$1.37 Sentiment: Buy Disclosure: Held