....revise cost to under $800.00 / tn to end 2011 with 19,100 oz produce in 3 rd qtr. Project 100,000 oz in 2012, and 120,000 oz in 2013 with the same head grade of .19 ( 5.8 gr )per tn into 2013 expected. Going forward, 80 % of tonage well come from L10,hinge and 007 with the remainder 20 % of ore coming from below 26,28 and 30 level. This area is proving up good continuity for mining and well see more deep drilling in this area. Ian mention a new screen plant, portable crusher and Mill upgrades we"er complete.. Dale, said the 300,000 meter drill program was completed but 11 drills well continue into 2012. Two drills well continue in the deeps extending L10 & 007 below 5,000 ft. Dale said 3 new mining trends have been found 1,.shore line basalt extended 5 k East /West ( L10-007 ) #2. Normandy Creek, E/W heading over to Ross Pluton hitting high grade below SG1 & SG3 #3. heading North from the mine L13 hitting high grade.. .Dale said collecting information from below 1600 ft level to possible mine below L10 IN 2012. New area around Gold Horse 10 K West. Dale seem excited about his Timmins as drills were hitting good structures........ Questions " ask from AG, # 1. current Mill capacity permit...1800 tns but in talks to increase to 2500 tns /day #2. Tailings Pond capacity..had seen some upgrades so good for 3 to 5 yrs.. #3..how much of 300,000 meter to be included into new 43-101..Dale said all but not until 1 st or 2 nd qtr....with out prejudice.Traps7
