NME nex metals exploration limited

recommissioning of gold mill

  1. 5,641 Posts.
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    Below is an announcement made on the 2 September. Does anyone know how the recommissioning of the orient well gold mill is going ??

    "The Directors remain focussed on Phase 1 with the imminent commencement of construction of the Dump Leach pad and facilities. However as with the increasing inventory base and hence comfort levels your directors continue to assess which project areas can be fast tracked
    into production. Pricing has been sought to re-commission the existing Orient Well CIP/CIL plant for a 300,000 tonne per annum capacity which are coming in the lower range of
    expectation. The concept of the lower capacity mill is that Nex can then maintain a longer term outlook of the project area by weathering the traditional fluctuations in gold price through processing a higher grade feed stock which is expected from phase 3 operations (with the
    combination of heap leaching the lower grade bulk resources).
 
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