MGV’s recent PFS outlines the production of 70koz grading 4.4g/t Au for five years from 2026 (this is Stage 1, Stage 2 is due next year and should show 10 years). Without changing the Cue mine scheduling (noting that there is +10g/t Au material at Break of Day), if Cue ore was to go through WGX’s Tuckabianna mill, it could lift the Murchison Mining Centre production from ~200kozpa to ~260kozpa. Current grade is ~2.7g/t Au, potentially lifting to 3.2g/t Au with the addition of Cue's 4.4g/t average head grade feeding through at a rate of 0.5Mtpa
News: WGX Musgrave Minerals Says Receipt Of Unsolicited Intention To Make A Takeover Offer, page-3
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Last
$2.92 |
Change
-0.010(0.34%) |
Mkt cap ! $2.753B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.07 | $2.92 | $10.56M | 3.567M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 48144 | $2.92 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.96 | 88107 | 4 |
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