TYX tyranna resources limited

Eureka Update?

  1. 799 Posts.
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    Anyone know where the Eureka update is? The last one on 1 May stated:

    - the mine could be brought into production in the near term. What is "near term" - 1 month, 1 year, 1 decade?
    - existing ore held in stockpiles on site will be transported to the Lakewood toll milling facility - Well, was it? what were the results?
    - drilling will commence once the sale and purchase transaction is completed. How is this going? when will the sale be finalised?
    - currently waiting for authorisation from the TSX Venture Exchange. Is TYX still waiting? What's happening here?
    - Approximately 1,500 – 2,000 metres has been planned in compliance with JORC 2012 and also provide geotechnical samples (Optical Televiewer OTV) to be used for increased structural information collection and interpretation and metallurgical test work. Upon receipt of the drill results, Tyranna will commence a mining feasibility study to evaluate the possibility of open cut or underground mining and toll treating to nearby processing mills.
    From the Dec 2017 announcement:
    Tyranna has submitted a Program of Works with the Department of Mines, Industry, Regulation and Safety for a reverse circulation (RC) drill program for 1,500 metres. This drilling is expected to commence in December 2017 with the aim to bring the historic mineral resource in compliance with JORC 2012. This drilling will also provide samples for geotechnical (Optical Televiewer (OTV) to be used for increased structural information collection and interpretation) and metallurgical test work. Upon receipt of the drill results, Tyranna will commence a mining feasibility study to evaluate the possibility of mining and toll treating to nearby processing mills.
    So 6 months later still nothing? What's happening with this?

    I think TYX has a lot to answer, in more ways than one.

    Cheers!
    Catweasle​
 
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