The resource was economical to mine via back in 2021. The economics weren’t the most robust without resource expansion at $2200/oz but still good enough to fund all our drilling at all other tenements.
At, imo a conservative $3200/oz steam engine is a no brainer with only the currently defined resource. They’ve already drilled the shallow high grade zones on the surface. Why wouldn’t they just go straight to planning a small mining or toll treatment operation and then use the income to expand the resource? Makes no sense to me unnecessarily diluting the register to the hilt this way.
Ann: Steam Engine Resource Expansion and Mining Study plans, page-11
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