The July-Sept 2012 Gold Mining Journal has an article on Bulletin's Lamboo project. Main points:
1. Convert inferred resource to indicated so an ore reserve can be released (this assists financing negotiations)
2. Comapany should know proportion of debt/equity funding by September
3. Permitting underway and if approvals received by October board will decide whether to proceed
4. Could be in production by Q3 2013 (i.e. six month pre-strip)
5. Plant was run in July with water (no issues)
Let's hope we see some progress shortly...we could seriously do with some positive news!
gold mining journal
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