TRX Presidents Corner: NI43-101 HIGHLIGHTS BuckReef Main Pit Page 74 -75 of 43-101 2017-06-02

All things relevant to TRX/TNX
Locked
Message
Author
Net1djm
Posts: 21
Joined: Sat Apr 22, 2017 2:57 pm

TRX Presidents Corner: NI43-101 HIGHLIGHTS BuckReef Main Pit Page 74 -75 of 43-101 2017-06-02

#1 Post by Net1djm » Tue Jun 06, 2017 9:12 pm


TRX Presidents Corner: BuckReef Main Pit Page 74 -75 of NI43-101 2017-06-02

In selecting optimal pit shell, the shell with minimal stripping ratio and high NPV was selected. In this case pit number 20 meets the criteria. Optimization results for Buckreef Main at different gold prices are shown in Table 13.5. Ultimately, the $1,100/oz Au price shell was used for the mine design. Images of the Buckreef project optimized pit shells are shown in Figure 13.1 Executive Chairman, James E. Sinclair.

[attachment=1]Figure 13.1 Buckreef-main selected pit.PNG[/attachment]

The selected pit contains 3% of inferred resource. The rest of resource categories in optimized pit shell are as shown in Figure 13.1. Maximum NPV of US$153,991,000 is obtained from selected pit shell.

[attachment=0]Table 13.5 Optimization results for Buckreef Main (Pit 20 selected as optimum).PNG[/attachment]
Attachments
Table 13.5 Optimization results for Buckreef Main (Pit 20 selected as optimum).PNG
Table 13.5 Optimization results for Buckreef Main (Pit 20 selected as optimum)
Table 13.5 Optimization results for Buckreef Main (Pit 20 selected as optimum).PNG (181.56 KiB) Viewed 132 times
Figure 13.1 Buckreef-main selected pit.PNG
Figure 13.1 Buckreef-main selected pit
Figure 13.1 Buckreef-main selected pit.PNG (188.03 KiB) Viewed 132 times

Locked

Who is online

Users browsing this forum: No registered users and 1 guest