27 Oct, from MOL:
Highlights Molybdenum - Spinifex Ridge, WA • Continuing record molybdenum prices
• Pre-feasibility Study on track for completion in December with Definitive Feasibility Study in mid-2006
• Resource drilling complete - confirms integrity of historical data - identifies high grade extensions
• WorleyParsons appointed as lead engineers • Sites for major project facilities identified - sterilisation drilling completed
• Metallurgical test work indicates 90% recovery with coarse primary grind
• Baseline environmental study complete - no major impediments
Want to know more?
http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=238565#736128
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pre-feasibility study for completion in december
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