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

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Table 21.11 Summary of Mining Operating Cost by Function<br />

Item<br />

Cost<br />

(US$ million)<br />

Cost<br />

(%)<br />

Cost<br />

(US$/t mined)<br />

Cost<br />

(US$/t milled)<br />

Drilling 136.6 3.8 0.10 0.34<br />

Blasting 498.8 13.6 0.34 1.23<br />

Loading 424.3 11.6 0.29 1.05<br />

Hauling 2,596.8 71 1.79 6.40<br />

Total 3,656.5 100.0 2.52 9.02<br />

The open pit operating costs including the mining cost, site services, mine<br />

engineering supervision, mine operations supervision, geology, administration, office<br />

supplies, ac<strong>com</strong>modations and travel for mine technical, operations, and<br />

maintenance staff and light duty vehicle operating costs are summarized in Table<br />

21.12.<br />

Table 21.12 Summary of Open Pit Operating Costs<br />

Item<br />

Cost<br />

(US$ million )<br />

Cost<br />

(%)<br />

Cost<br />

(US$/t mined)<br />

Cost<br />

(US$/t milled)<br />

Drilling 136.6 2.8 0.10 0.34<br />

Blasting 498.8 9.9 0.34 1.23<br />

Loading 424.3 8.4 0.29 1.05<br />

Hauling 2,596.8 51.7 1.79 6.40<br />

Site Services 436.9 8.7 0.30 1.08<br />

G&A 931.7 18.5 0.65 2.29<br />

Total 5,025.0 100.0 3.47 12.39<br />

OPEN PIT O PERATIONS MANPOWER<br />

Total available working time was based on 350 d/a, 24 h/d for a total of 8,400 h/a.<br />

The labourers will be working a schedule of two weeks on, two weeks off. Table<br />

21.13 lists the proposed manpower for the open pit operation and maintenance<br />

during peak operations (Year 7).<br />

The labour details (Table 21.12) were prepared and estimated by Tetra Tech for the<br />

purposes of this study, based on the required personnel for a 32,000 t/d open pit<br />

mining operation. Rates from other similar Tetra Tech projects were considered for<br />

the purposes of the PEA mining plan. An additional burden of 42.5% is considered<br />

for health benefits, pension, overtime, training, bonus, etc.<br />

Prophecy Platinum Corp. 21-13 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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