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over 13 years ago

It's possible that the four random assays of concentrate give us a fair idea of what is being produced in the last months.

If the total troy ounces represents the day's Au-Ag total, then an averaging of all four concentrate assays will give you a close figure for production. But, the four concentrate totals would have to be really random samples to be representative of overall Au-Ag production in the last months. IF the four concentrate assays were selected because they were the highest production days in the last few months, then they are not usable as an indicator to general production.

Four random assays of concentrate:

1. 5.1 oz. Au-Ag = $5,257. for the day.

2. 14 oz. Au-Ag = $5,617. for the day.

3. 10 oz. Au-Ag = $3,720. for the day.

4. 29 oz. Au-Ag =$13,300. for the day.

The four day average production of Au-Ag is $6,973./day,
X 30 days/mo. = $209,000.,
X 12 mo. = $2.5 mil.