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Wellgreen Project Preliminary Economic Assessment ... - OTCIQ.com

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16.4 P RODUCTION S CHDULE<br />

Using Pit Shell 26 in Gem<strong>com</strong> Whittle , a preliminary mine production was<br />

developed and then smoothed for equipment utilization. The main goals for the<br />

production schedule were to minimize the mining of waste, and maximize the grades<br />

while satisfying mill capacity. Table 16.5 shows the criteria that was used in the<br />

preliminary production schedule.<br />

Table 16.5 Inputs for Production Schedule<br />

Item Value<br />

Pre-production 1 a<br />

Ramp up period for mill 1 a<br />

Maximum mill capacity 11,200,000 t/a<br />

Maximum mill capacity 32,000 t/d<br />

Working days in year 350 d<br />

Maximum mining capacity 53,000,000 t/a<br />

Figure 16.4 shows the amount of mineralized material (blue) and waste (red) mined<br />

per year for the period of mine life. Five million tonnes of waste must be mined as<br />

pre-stripping in Year -1, while the mill is constructed and prepared for<br />

<strong>com</strong>missioning. In Year 1 , the mill will process up to 5 Mt of mineralized material.<br />

Year 37, the final year of production, will be an in<strong>com</strong>plete year.<br />

For first 20 years of operation, the mining capacity will stay at approximately 30 Mt<br />

and then gradually increase to 52 Mt in Year 22. Table 16.6 shows the mine<br />

production schedule by year for the LOM.<br />

Figure 16.4 Mine Production Schedule<br />

Prophecy Platinum Corp. 16-10 1193460500-REP-R0001-02<br />

<strong>Wellgreen</strong> <strong>Project</strong> <strong>Preliminary</strong> <strong>Economic</strong> <strong>Assessment</strong>,<br />

Yukon, Canada

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