Not a bad announcement to bring me out of hibernation (On Holidays at Present). Thick intercepts of up to 45m, shallow (at surface) and continuation of current mineral resource area.
I particularly like the couple of holes we plugged in a few 100 metres to the south that came back with a 17m intercept (Massive exploration potential in 12-18 months time if the company wishes to embark on a whole of tenure 30-50,000m drill campaign once siviour is on its way in construction
- Current Resources sitting at 87.4Mt (I expect that will increase towards 100Mt following the recent in-fill + step out drilling)
- Most importantly the volume of tonnes in the higher Indicated / Measured category that can be utilised in our updated feasibility study will increase from 54Mt up to I suspect around ~70Mt)
This will support a significant expansion to planned throughput within the BAM study. I'd expect that GR Engineering / Wave will be contemplating a ~30 year mine life in 2 stages.
Stage 1 (Year 1 to 4) - Model a throughput of 1.65Mtpa producing 150ktpa of Graphite Concentrate
Stage 2 (Year 5 to 29) - Add an additional crusher circuit onsite with throughput of 2.47Mtpa producing 225ktpa of Graphite Concentrate
- Forums
- ASX - By Stock
- RNU
- Ann: Siviour Drill Assays Highest Grade Graphite to Date
Ann: Siviour Drill Assays Highest Grade Graphite to Date, page-31
-
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNU (ASX) to my watchlist
|
|||||
Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $241.4M |
Open | High | Low | Value | Volume |
9.3¢ | 9.6¢ | 9.1¢ | $418.4K | 4.443M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 234556 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 14361 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 234556 | 0.093 |
1 | 33018 | 0.092 |
2 | 263647 | 0.091 |
6 | 529056 | 0.090 |
3 | 235503 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 14361 | 2 |
0.096 | 98849 | 2 |
0.097 | 459310 | 4 |
0.098 | 200000 | 1 |
0.099 | 169000 | 4 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
Featured News
RNU (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online