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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: AGM Web Cast and PRODUCTION

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hallidas

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AGM Web Cast and PRODUCTION

posted on Mar 04, 10 08:12AM

For those who have not heard the web cast of last Fridays AGM Web Cast here is the link.

http://event.on24.com/clients/default/presentation/default.html?titlecolor=000000&eventid=193670&sessionid=1&username=&partnerref=&format=rmaudio&key=CF374A2EAA85E770756B73D70560FA75&text_language_id=en&playerwidth=800&playerheight=572&silverlight=true&eventuserid=33454206&contenttype=A&mediametricsessionid=29697886&mediametricid=476262&usercd=33454206&mode=launch

Looks like we will be starting production on the Kagosi(?) property within the month starting with a 20 Ton/Hour mobile mill and if successful then Jim will authorize the procurement of 3 100 T/H plants ( this is talked about at the 34:40 mark of the Web Cast.

The details of the Mill most likely being utilized here can be viewed at the following link.

http://www.vaalchem.com/equipment.htm

So if all goes ahead then within the next 6 month to a year we could be producing 6400 tons/day. If grades are say 1 g/t we will be looking at about 200 oz/day .... thats $200K+ per day minus expenses.

I think Jim wants to put the heat on the shorts and what better way then making money.

...Steve

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