Hi Alex,
You may be correct, and they may drill Snowbird over the Northern winter, I believe that certainly was the intention earlier this year, when they put in place jet fuel for transportation craft.
However, it is obvious to me that GOLD is the focus now, not nickel, hence the namechange and statements like this from Mr Daws
"Being a production base we thought that we could grow the business from in the north Eastern Goldfields of Western Australia, and purely focus our efforts there, we chose to change our name to Kalgoorlie Mining," Daws explains.
&
"It shows the market that we're fully focused on creating a new gold business out of Kalgoorlie in the north Eastern Goldfields with the Bullant Gold Mine as our core project."
-and this from the June Quarterly-
"The Company is reviewing its options to optimise value for the North American exploration assets in light of the recent successful acquisition of the Bullant Gold Project"
Of interest at Snowbird might be the "WENDY" gold deposits, however considering the above statements I would suggest that Snowbird is firmly on the backburner.
My feeling is that KMC will remain Kalgoorlie Gold focused and will "bolt on" local mines to Bullant in order to achieve mill capacity, and will toll mill for others if any capacity remains free.
With regard to the mill,
"We're looking at a facility of about $18 million to $20 million in cost, which will treat 700,000 tonnes of gold ore per annum. We purchased a number of key second-hand items for our gold processing facility, including a 1,500 kilowatt ball mill and primary, secondary, and tertiary crushers at well-below replacement cost. The equipment will be refurbished and relocated at the Bullant site in preparation for a three stage build schedule," he explains.
"We'll have the crushing facility initially built as stage 1 and it is expected construction will commence in the next six to eight weeks."
"Approvals and designs for stages two and three are in the works; stage two being the actual ball mill and tanks, gravity circuit, electrical, and stage 3 being the tailings storage facility and gold room. KMC has targeted an in-pit tailings facility 800 metres south of the mine in an old disused gold paleo-channel open pit."
"We're in the process of modelling that up and preparing plans to go through the approvals process. Having an in-pit tailings storage facility will save us significant amounts of money too?it?s likely to be about one third of the cost of a paddock tailings storage facility and the company is very fortunate to have that option available to it," Daws explains.
"We are aiming to get the mill up and going over the next 12 months."
Bullish on Bullant!
GS
Note: My bold
http://www.internationalresourcejournal.com/mining/mining_september_11/kalgoorlie_mining_company.html
kudos alan80
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