Northgate Exploration Limited - Minerals North
Northgate Exploration Limited - Minerals North
Northgate Exploration Limited - Minerals North
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2004 Highlights<br />
Mine 48 million tonnes ex-pit (waste and ore)<br />
Mill 19.1 million tonnes of ore<br />
300,000 oz gold production<br />
75 million lbs copper production<br />
Cash Cost of $206/oz (US) or less ($180/oz using Gold Institute method)<br />
Complete Kemess <strong>North</strong> feasibility study early in 2 nd Quarter<br />
<strong>Exploration</strong> expenditures of $2 million in local area<br />
Speed up second SAG mill, install second Trommel magnet and complete phase II of Wemco cell<br />
retrofit<br />
Replace 23 yd Hitachi EX3500 with a 40 yd Hitachi EX5500<br />
Total Capital Expenditures of $16.9 million (incl. $6.1 million for tailings dam construction)
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