NTL 0.00% 1.9¢ new talisman gold mines limited

AGM, page-14

  1. 255 Posts.
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    After the project k people left we got some more answers on the pilot plant & delays in test results - release expected in the next week.
    They have done a small pour - not sure how small.

    Mystery is at least one of the areas contributing to the sampling. Pilot plant working well. 100% recycling water in the plant so no waste, (nevermind toxic waste) Post plant ore looks like talc. Got to hold a jar of concentrate. Very heavy for it's size

    Dubbo has a lot of clearing & making safe to be done. Large cavern with high ceiling with boulders in the roof. Working on a secondary egress now along the vein so waste will become ore at some stage.

    Rahu - expect delays with any access on the doc land, have access via the private land part of the claim but not good enough. I think Doc actually want them to spend some money on the doc side (perhaps I misheard this). Is being pushed along slowly.

    Prospects of extensions under/alongside current known veins.
    Work has started on a bankable feasibility study. Samples will inform this as well as final plant design. Can possibly expand pilot plant with additional modules as samples are returned - depends on test results for recoveries, tailings residue etc.
 
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