Laneway’s CEO, Brad Gordon, noted:
“We are naturally very pleased to restart mining at Agate Creek’s high grade Sherwood pit. Together with
the pending processing arrangements expected to be concluded shortly this will ensure a rapid move back
into gold production at an expected very healthy cash margin. This short campaign will yield material
cashflow for Laneway with further potential beyond that, pending approvals expected at the end of the
current financial year. Our longer term focus firmly remains on on-site processing at Agate Creek to
monetise the substantial gold resource already identified.”
So much time they spent and they could not find a processing plant yet. On-site processing still a dream.
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