BCN 4.00% 2.6¢ beacon minerals limited

Ann: Highly Prospective Exploration Licences Granted-Timor Leste, page-157

  1. 69 Posts.
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    A second mill at Mt Dimer wouldn't be viable given its low quantity High grade (so far). High grade dirt travels alot further in a truck than low grade in terms of cost /tonne ratio. Ramelius have been doing this for years and it works!

    I've always flirted with the idea that MXR could be a take over target given they have ~300K ounce south of MRP. A second Mill would then look alot better in-between MXR and MRP.

    1. Jaurdi Mill fed from Mt Dimer (High grade) & Lady Ida (mid/low grade)
    2. MRP Mill fed from Mac UG (High grade) & MXR tenements (mid/low grade)

    My thoughts only.
    Last edited by clanconq1: 11/05/24
 
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