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Calculate the Net Values for gold ore containing 1.3 g/t, 4.5 g/t , 8.0 g/t and 15.7 g/t. Use the input values given below. Input

Calculate the Net Values for gold ore containing 1.3 g/t, 4.5 g/t , 8.0 g/t and 15.7 g/t. Use the input values given below.

Input Values

Mill Recovery Rate

93%

Mill Concentrate Grade

20g/t Au

Smelter Loss

0.7 g/t of Au pulp

Refining Loss

0.25 g/t of Au dorey

Head Grade

1.3 g/t, 4.5 g/t , 8.0 g/t , 15.7 g/t

Au price

$12.50 /g

By-product credit (Ag)

$45.00/t

Production costs (excluding stripping)

$103.00/t

Mining costs

$25.20/t

Milling costs

$95.00/t

General/Administration

$3.20/t

Shipment of mill pulp to mint

$8.20/t of Au pulp

Smelting cost

$45/t of Au dorey

Shipment of dorey to refinery

$45/t of dorey Au

Refining cost

$12.00/t of dorey Au

Selling & Delivery costs

$3.20/g Au metal

General Plant costs

$0.84/g of Au

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