>>They are a long way from anywhere and it costs money to transport plant and equipment and crews.
Nearly 3 hours (248km) from Kargoorlie (major regional mining hub)
I'm not sure where you expect a gold mine to be located? Metropolitan Perth?
However 3 hours is nothing concerning as far as mines are concerned. For example the major Gwalia gold mine ($SBM) is about the same distance to Kargoorlie as Mt Ida / Bottle Creek.
There is existing infrastructure at Bottle Creek such as accommodation facilities, power, water, airstrip, exploration camp, etc.
I assume you're referring to drilling campaigns (we haven't moved any plant infrastructure yet)- it's not like the contractors have to drive to Kalgoorlie and back every day.
In that regard, we have a very good exploration cost via a vis ounce discovered of $9.30 per ounce.
Add to My Watchlist
What is My Watchlist?