Cadreelil....just to chuck in my tuppence worth.
Evilgummybear may be aware of some hints and suggestions that, if certain details can be brought together to confirm its viability then there could be a small early start-up operation set up at Terrace Creek.
"“The geological story at Terrace Creek continues to unfold. The original high grade shoot is growing down
plunge. If we’ve intersected a second high grade, quartz-rich shoot in FN082 then this is a very significant
development. Our technical Director, Neb Zurkic, indicated this potential following prior high grade results
in RC drillholes at Terrace Creek, and the latest drilling results further reinforce our confidence. The
Company will update the market shortly regarding further metallurgical drilling results at the Tregoora
prospect.These sorts of numbers can add high grade shallow ounces to the resource base, which could
provide an ideal starter operation.”
(Source :- announcement 09/09/09)
Now while FNQ is shown as being in operation by the beginning of the first quarter 2011 the hint was that a starter operation could be started before that.
Not sure about first quarter of 2010 though !
upgrade, page-7
Currently unlisted. Proposed listing date: WITHDRAWN
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