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General Meeting, page-12

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egg1964

9 Posts.

16/05/16

23:19

Post #: 17783785
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Originally posted by brookvill2 ↑

Attended the General Meeting this morning. Both resolutions passed . A couple of us were able to have a general
talk with Martin Donohue. At this stage they are concentrating on Mt Holland and gold, access to Mt Holland is not a problem at all. The lithium deposit is on the sidelines at present as well and will be talked about more at the AGM .
The Burbanks mining is going well with Pybar, they have narrowed down the tunneling from 4 metres wide to 2.5 metres wide and this is giving higher grades and less waste as well. All material is being trucked 8kms and toll treated at nearby processing facilities with very good recovery rate of 96%. Thats about all I can say at present, the other holders may have more to add.

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how deep is the burbanks mine as if the grade is only around 2.5g/t this seems very low for underground mining

KDR Price at posting: 12.5¢ Sentiment: None Disclosure: Not Held
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