I reckon news of a successful reset at Sugar Lake will get the merged RED moving again. Prior to shutting it down the mine was only cranking out ~50koz/pa, surely they can squeeze that out to 75-100koz+/pa at a decent margin? I just hope they can find some decent folk to work there out in the wilderness
SLR have also almost completed the drill program (93,000m) - with results due in the next few months[from SLR 24/04/2024 - Sugar Zone exploration update]
New mining fleet
new site infrastructure
new mine plan
drilled out to buggery
Giddy up
I reckon news of a successful reset at Sugar Lake will get the...
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