Question · Q2 2024
John Sclodnick of Desjardins Securities Inc. inquired about the recovery improvement program, asking about the timing of the finer crush size and its impact on processing costs. He also requested guidance on expected gold grades and the strip ratio for the second half of 2024.
Answer
President and CEO Jason Simpson explained that the reduced crush size program began in August 2023 and has successfully increased recovery by 3-5% while maintaining throughput and keeping costs within budget. He confirmed that second-half gold grades are expected to align with the annual plan, while the strip ratio will increase to approximately 1.5 to catch up on planned waste stripping for the year.
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