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

Mine Operations
Position No.
Annual Cost
Per Person
(Cdn$)
Total Annual
Cost
(Cdn$)
Cost
(Cdn$/t
mined)
Cost
Cdn$/t
milled)
Drill Operator 6 98,500 591,000 - -
Drill Helper 4 92,500 370,000 - -
Blaster 4 108,200 432,800 - -
Blaster Helper 4 92,500 370,000 - -
Shovel Operator 11 108,200 1,190,200 - -
Loader Operator 4 98,500 394,000 - -
Haul-Truck Operator 58 95,500 5,539,000 - -
Dozer Operator 24 98,500 2,364,000 - -
Grader Operator 11 98,500 1,083,500 - -
Backhoe Excavator Operator 4 98,500 394,000 - -
Water Truck Operator 4 98,500 394,000 - -
Fuel/Lube Truck Operator 4 95,000 380,000 - -
Shift Labourer 8 67,000 536,000 - -
Subtotal 146 - 14,038,500 0.46 1.25
Mine Maintenance
Heavy Duty Mechanic 16 106,200 1,699,200 - -
Welder 8 106,200 849,600 - -
Wash Bay 4 86,000 344,000 - -
Light Duty Mechanic 8 83,600 668,800 - -
Electrician 8 107,500 860,000 - -
Junior Mechanics 16 98,500 1,576,000 - -
Subtotal 60 - 5,997,600 0.20 0.54
Total Labour 296 - 30,367,800 1.00 2.71
21.3.3 PROCESS OPERATING COSTS
The operating costs were determined by estimating the quantities of consumables,
manpower, and electrical power required on a “per tonne milled” basis.
Consumables considered were reagents, supplies (e.g. mechanical, safety, and
laboratory), and electrical power required for mineralized material processing.
Pricing for reagents and supplies were taken from historical project pricing and
InfoMine Estimating guides. InfoMine Cost Indices for commodities were used to
adjust historical pricing to 2012 dollars. The power costs were taken as per
calculations from the Infrastructure team based on natural gas generator power.
The reagent dosages, bond abrasion, and bond work indices were based on the
current metallurgical test work at Lakefield. The bond abrasion test work by
Lakefield, calculated wear rates for liners and grinding media which were used to
determine the cost of those supplies. The SAG and ball grinding mills were sized
and the power consumption determined by bond formulae calculations using the
Prophecy Platinum Corp. 21-15 1193460500-REP-R0001-02
Wellgreen Project Preliminary Economic Assessment,
Yukon, Canada