But with recent Company cost disclosures I believe the figure will be closer to US$900.00, with a blend of SAM gold, Hinge, 007 and ore from the other, more recent, promising discoveries
I am going to have to disagree with you on that figure Fred. I did a calculation of the ounces per ton of the milled ore, based on the numbers in the last Quarter and I believe they were milling 5 gram developement ore. $685 per ounce divided by $116 per ton at the Hinge and $1552 per ounce divided by $283 per ton from the SAM. From all accounts we should have enough developed stopes to achieve at least 8 grams per ton, or better yet >12 grams per ton. In either scenario the cost per ounce will go down dramatically. Also much of the costs attributed to the Q2 figures are fixed costs that will not increase as the milled tons and ounces increases. This will also help bring down the cost per ounce. Since I am not schooled in mine ops. I would like a correction if I am assuming too much.
