RE: Latest update on X.com2 Mar 2026 13:39
They'll take a little while to build up the steam on this first mine (5 others at Tesoro targeted in later phases) but the target is ultimately between 5-10t / day @ circa 15g/t - St Elias (at Tesoro) averaged 32g/t from memory so plenty of upside, especially when the full assays come back and the mining plan can be refined / targeted more effectively.
Targeting revenues of between $4m+ here (likely) - best-case: (say 10t/day @ 30g/t shows a best-case rev of $16m/annum @ $5,400/oz gold spot / reduced for dore bar) generation (net profit of £2m & £8.4m respectively