The last $5million for the Regal Royalty grant has been received to complete the full $10million. $4.2million of the Federal Government’s Critical Minerals Accelerator Initiative grant to come.
"The gravity plant has operated at BFS specified recovery levels while processing historic tailings and the low-grade stockpile material over the past several months with the production team confident it will continue to achieve similar production performance with the open pit ore."
"While the excitement of the open pit is being felt by everyone at site, the Quarry business is starting to pickup once again with the rainy season coming to an end and several road repairs required in the regional area. Various contracts have already been secured in recent weeks and the quarry team is able to use the inert and barren sorter waste as a primary component to produce road bases and aggregates required to satisfy these
contracts."
Updated BFS this week?
Ann: EQR Receives Second Tranche of Regal Royalty Payment, page-3
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