Member Info for dai2belts

Understanding Gold Production and Heap Leach Efficiency

https://iask.ai/?mode=question&options[detail_level]=comprehensive&q=gold+production%2C+leach+pads%2C+at+what+point+do+they+become+inefficient

https://iask.ai/?mode=question&options[detail_level]=comprehensive&q=gold+production%2C+maintaining+leach+pads

https://iask.ai/?mode=question&options[detail_level]=comprehensive&q=gold+production%2C+leach+pad+life+cycle

_Decommissioning__ 0.5g/t ????

Once gold recovery from a heap reaches economically unviable levels—typically when less than 0.5 grams per ton remains—the heap is decommissioned. This involves ceasing irrigation and allowing any remaining solutions to drain away.

https://iask.ai/?mode=question&options[detail_level]=comprehensive&q=gold+production%2C+leach+pad+life+cyscle

Max heights 150m, risk of collapse..

https://iask.ai/?mode=question&options[detail_level]=comprehensive&q=gold+production%2C+leach+pad+max+height

2022. Dec 31

Sales Revenue: The company achieved total sales revenue of USD 8.9 million

Net Loss: Goldstone Resources reported a net loss of USD 0.674413 million for the year

Gold Production and Sales: During the year, Goldstone produced and sold approximately 5,155 troy ounces of gold, realizing an average price of USD 1,727 per troy ounce.

Robbery Incident:June 2022, theft of approximately 192 troy ounces of gold valued at around USD 350,000.(~$1,822oz)

------------------

Operations

The company was working with four leach pads

Heap Leach Operations

By December 2022, Goldstone reported recovering approximately 4,095 ounces of gold

The company stacked about 108,000 tonnes of ore onto these pads at an average grade of approximately 1.7 g/t, which equated to about 6,490 ounces of contained gold

Recovery rates were lower than anticipated, by late 2022, they reported achieving a recovery rate exceeding 65%

-----------

AI initially confused units, totally wrong, but second attempt was good

Total ore: 108,000 tonnes

Gold grade: 1.7 g/t (grams per tonne)

Recovery rate: 65%

Conversion factor for grams to troy ounces: 1 troy ounce = 31.1035 grams

Recoverable gold (troy ounces)

= 3,837.85 troy ounces

============

https://iask.ai/?mode=question&options[detail_level]=comprehensive&q=goldstone+resources+finacial+result+2022+hghlights

https://iask.ai/?mode=question&options[detail_level]=comprehensive&q=goldstone+resources+2022+operations%2C+leach+pads

https://iask.ai/?mode=question&options[detail_level]=comprehensive&q=convert+108%2C000+tonnes+to+gold%2C++1.7g%2Ft+Au%2C++65%25+recovery+rate%2C+your+answer+is+wrong%2C+final+answer+troy+ounces

On price two £22k trades look like buys, back to penny £200k...

If they can get another off take it could happen, providing tm1 don't. go bust..

Its a tempting thought..

Oddly the shares were put into escrow until a given date, which coincided withe sp crash....So they would not of known, but CRML maybe as they would have been aware of risky holders who could sell at crash prices through warrants and other freebie shares...

Mou-3, will PG want to test that before a MOU-5 jv ?

Just these 3 updates that add nothing to revenues, or resource base has double the market cap, up 70% for an update that just confirms Czech Gov declaration......

25th Mar 2025 10:39 am RNS Cinovec Declared a Strategic Project Under EU CRMA

7th Mar 2025 7:00 am RNS Cinovec Declared Strategic Deposit By Czech Gov

5th Mar 2025 7:43 am RNS Director/PDMR Shareholding

Good info, worth noting..

ID78

RE: GRL tweetToday 10:57

So pit 2 nearing completion of oxides, and we know the grade was dropping off as they exhausted pit 2. That will be why there’s no RNS on a gold pour, as Legalwolf stated comms managed in the interests of the company.

The only question is have they started to mine pit 1 or do they exhaust pit 2 first? I was hoping we were done with pit 2.

Moving on to heap leach pads. At the start of last year they had 3 (110m) HL pads. They now have 5 and pads 4 and 5 can be extended. Pad 5 is being extended (150m). Assuming pad 4 is also extended then this is 90% more volume of HL capability than the start of last year. This in addition with the better grades of pit 1 is very encouraging.

We just need to have patience.

===================

Me

Gold dore, I guess could be 80% the price of fine gold, so 18% discount to spot sounds about right yet 2023 GRL quoted they sold above the average spot price, so maybe they gave the price their off-taker/refiner achieved. While not giving any price for H1 2024,

"Production for the year to 31 December 2023 was 95,497 tonnes of ore, agglomerated and stacked, averaging 1g/t Au with 1,275.25 oz of gold bullion sold at an average price USD1,969.82/oz."

I wonder how many of those gas consuming protestors wear jewellery?

one of 4 pits, of a small mining company that produces just kilos(less than 20 at the moment) of gold per month

https://pbs.twimg.com/media/Gm4J8_3XwAALtkf?format=jpg&name=large

Mmmmmmmm, when PRD dropped I assumed it would continue trading in the dropped price range so stayed away, which looks correct at the moment.. But it bounced strongly over a few days in between.. So I missed out by making a correct prediction, so even when you get it right, you get it wrong lol...

GST +20% yesterday, and up 17% today, also no news.....

Anybody buy Gex at 4p, 7p bid today, fooooked up not buying the low

France exporting lots of nuclear electricity, in an unstable Europe.. Putin could strike a Nuclear power plant, causing carnage in France, and force them to cut power to other countries, like UK and Ireland causing further issues.. I wonder if Frances, and UK skies are defended anything like Isreals

"The ESB-owned Moneypoint power station on the Shannon Estuary will have its life extended beyond its scheduled closure this year and will switch from burning coal to heavy fuel oil to generate electricity."

https://www.irishtimes.com/business/2025/03/25/electricity-supplies-face-ongoing-pressure-due-to-increases-in-demand/

Getting there

Gold dore, I guess could be 80% the price of fine gold, so 18% discount to spot sounds about right yet 2023 GRL quoted they sold above the average spot price, so maybe they gave the price their off-taker/refiner achieved. While not giving any price for H1 2024,

"Production for the year to 31 December 2023 was 95,497 tonnes of ore, agglomerated and stacked, averaging 1g/t Au with 1,275.25 oz of gold bullion sold at an average price USD1,969.82/oz."

@Swissy are they still taking all you have ?

AIMs crazy... I thought PRD might remain in the 2p range for a while after MOU-5, so missed the rebound... Now its back in the twos

What's wrong with the Ireland update is they agreed the all share payment in CRML shares when they were roughly $8, not they are $1.5. So sold for very little since there appears to have been no protection against the loss in value of that deal, at least nothing is mentioned

Mmmmmmmm, released soured Leinster sale completion with BM which is also not what as I expected,, The 100 tonne deal is in 5 or 6 shipments not 1, then the ongoing order at 20t month....

25th Mar 2025 7:00 am RNS Completed Sale of Leinster Project

25th Mar 2025 7:00 am RNS First Shipment of Black Mass delivered to Europe

Ireland best get in on LNG trucking, and start export gas ;)

Https://www.thesun.co.uk/money/34027298/britain-oil-gas-power-reserves/#:~:text=BRITAIN%20is%20sitting%20on%20a,to%20the%20economy%2C%20say%20experts.

https://www.thesun.co.uk/news/politics/33141605/keir-starmer-drill-rosebank-jackdraw/