EM2 0.00% 5.7¢ eagle mountain mining limited

Ann: Positive Assays Provide Development Options at Oracle Ridge, page-20

  1. 3,016 Posts.
    lightbulb Created with Sketch. 252
    The timeline is only my opinion
    They are already looking at tailing dam design along with plant design. They will have an idea on how best to process this and a more definitive design once current metallurgical works are done.

    Feasibility work has started. The works they are currently doing will go into the feasibility study.

    My best guess and fastest start up is early 2025. The finance will come once feasibility is done. It's a matter of getting to feasibility stage and that's were Bass will no doubt privately fund this until such time a CR can be done at higher prices or an off take deal is done. Hard road for.juniors atm.

    Yes they have a lot.of back ground work to do this year and early 2024 to get this back online.

    See what plays out over the next 6 months.

    Cheers
 
watchlist Created with Sketch. Add EM2 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.