SBL 0.00% 0.1¢ signature metals limited

From the May 15th production update:The trial mining at Kyereben...

  1. 336 Posts.
    From the May 15th production update:

    The trial mining at Kyereben Pit and metallurgical processing of ROM oxide ore is providing important parameters for future feasibility study work that could include plant design for expanded milling operations. This additional data may also allow initial definition of Reserves from the 1.47Moz resource base (Indicated and Inferred categories; detailed in Table 1).

    Available mineable resources are limited, hence exploration efforts are focussed on delivering another ore source to complement the Kyereben Pit. The proposed Boabedroo South Extension pit is in advanced stages of evaluation, and it is anticipated that trial mining of this ore source will commence during June 2012. Other prospective targets in the Mining Lease are also being investigated, and given the achievements at the Kyereben Deposit the Company is confident that exploration success will be able to be incorporated rapidly into the mining and processing schedule.
 
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