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1.6¢ nagambie resources limited

CV Goldrush mark 2 - let's get on with it!, page-40

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willcolby

116 Posts.

32

03/07/19

20:47

Post #: 39361168
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Originally posted by JetBlue: ↑

This is from the June Quarterly 2011 and its about the Heap Leach Pad.

Heap leach operations can be developed quickly and are much lower cost than conventional gold treatment operations, both in terms of total capital cost and operating cost per tonne. The recommencement of heap leach operations at the Nagambie Mine will benefit from the proven technology and operations history at the Mine, the bitumen public road access to the Mine gate, the Company’s freehold land (roughly 500 acres), the process water that can be pumped from the existing East Pit and the infrastructure remaining on site, principally the haulage roads, the pondage civil works, the operations shed, grid electricity supply and potable water supply.

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I toatally agree with this post. only 8 years old but that doesn't matter. my problem is that over the last 8 years there is still no gold to develop and mine at a "much lower cost". if they had it, it would probably have been done already, fact is THeY DOnT!

NAG Price at posting: 4.4¢ Sentiment: None Disclosure: Not Held
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