FML 3.85% 13.5¢ focus minerals ltd

cw tour, page-8

  1. 2,158 Posts.
    I will try to remember to ask and report about that aspect - St Ives still turning up new gold 100 years on - up to now and I bet there is more yet. Perhaps a reason this is still here.

    If we have 2M oz in the anomaly which is the current focus - would have to be a bit erratic and not contain high grade shoots like the sniff we have seen in several areas at the Island - then it will still take some time to define and map sufficiently to go in and exploit.

    Fact is the next 12 - 24 months will probably be spent drilling just this one deposit to get it up to a stage of "known scale" and appropriate mining method - then processing method as well add some more time. If we have 1oz / t grades in shoots or better FML could truck to 3MH to soup up the output - lots of options.

    Back to work back later to check this all over.
    Cheers,
    CW
 
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