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Youanmi Gold Mine early production

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    Intriguing possibilities for early production
    mining plan
    1.19Moz (532,700oz at 1.65g/t in near surface material)
    What AISC would be needed to make mining/milling a goer very soon?
    Near surface = open cut low COP low AISC = high profit (AISC around $1100/oz - $1200/oz likely)
    Gold oz $2250 oz means half m ozs or so at approx $1000/oz profit... these are sweet numbers
    $30m to update (but not expand) the CIP plant
    So run this early processing while exploring the other established and potential strikes in the shear zone @ 40km
    Kurrajong, Rebel and United North high priority. Currans Find not far away.
    Exploration, JORC expansion and development of various open cut pits could go on for more than decade as the numerous targets are drilled.
    Running the mine would fund this rather than CRs or at least reduce the demand for funding
    Early production could be within 18 months imo
    SP impact = high

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