ASO 7.14% 1.5¢ aston minerals limited

Ann: Joremeny Underground Diamond Drilling Update, page-49

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    Hey all, I managed to track down a number and received some feedback from Rob. I’ll post some details here - for the record I’m in the red, brought high teens but didn’t put heaps into so it’s a manageable pain, but pain all the same.

    Joremeny will take another 6-8 weeks these results will determine if extra drilling is required to underpin a commercial resource

    The waste dumps I was always curious as to when they will be processed - they’re waiting on some initial testing to determine characteristics of the material

    Once resource is defined he’s expecting to use airleg mining for extraction.

    He did put some detail into perspective in terms of how far the funding can go. Labour costs are probably 20% the cost of an Australian equivalent, so the operation itself won’t be a high cost one once the resource is defined.

    I’ll be going back to him to query why news feeds are now so slow, but refurbishing a mine is not the fastest task in the world.....

    Happy to send a couple of other questions, but don’t want to stretch the friendship

    Cheers
 
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