UC Resources Ltd.

UC is an emerging producer of Gold and Silver. The Company's goal is to combine cash flow from production, along with a significant exploration upside from its mining assets. The Company is working on its long term objectives to build a mid-tier Production company with a specific focus on silver and gold development in Mexico.

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UC Resources Ltd.

over 13 years ago

I think the 43-101 was 2g gold and 220g silver. That's about $400 per ton times 200 ton is $80,000 per day reduced by a factor for actual recovery, say 80% times say 70 days in a quarter allowing for whatever mishaps, maint. etc, is cash flow of close to 5 million a quarter. No idea what costs are, but reckon them rather low as the stuff just layin there in a pile. Lots of diesel necessary tho, as issues with hydro. Who knows. Get a feeling that we can make some serious do here tho' if we are cash positive on half the daily feed.

Got a good feelin in my tummy after 4 years of indigestion. Oh yeah, we got Zora, Copalquim, Ringo Fire et al.

Good work, Jimbo and crew.

The xTrucker.