Hopefully someone checked the maximum lift height on that loader before they tried to dump that first bucket in. Else it was heard: “Sh*t that was close!”
Tension between something small enough to work in the tunnels yet big enough to load the truck. If/when they do ramp up to more than one truck they will probably need a bigger loader.
But on a positive note:
20 tonnes * 39 gpt (adjust as you like) = appx. $44K / truckload at $1750/Oz or so.
23 truckloads per $1M revenue
They will be “high grading” to the best of their ability to get bootstrapped so thus the 39 gpt. [1]
Either narrower veins with very high grades that can stand some dilution or wider veins (> 1m) with higher than average grades which involve some tonnage are what need to be demonstrated before anyone should count too many chickens involving increased tonnage and trucks and loaders.
Having said that: Nice pics to see after waiting so many years.
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- Note the July 6 report of shipping of 9 tonnes (appx. 1/2 truckload) @ 45 gpt. [1]. So they have some amount of early target ore picked out already.
“As announced AURYN sent 9 tons of ore to Enami for processing with a result of 45 grams of gold per ton. The remaining ore has been stock-piled and will be processed once AURYN begins regular shipments of ore to Enami.”