MKR manuka resources ltd.

Sure it would be an option if the rates were attractive enough I...

  1. 3,102 Posts.
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    Sure it would be an option if the rates were attractive enough I guess but usually they are not great. There is also the issue of trusting they are running the operation as well as they should and not taking some slices off the top.

    Part of the problem even if the circuit at Wonawinta allowed it would be the fact they have to run the ball mill slower for Mt Boppy ore which would reduce throughput for the silver ore. Basically the gold ore needs longer in there to be crushed fine enough to get the most gold out. For complete efficiency which is what you constantly seek in such operations you usually want your ore input to be as similar as possible to what it is tuned for.

    When the silver price explodes MKR will be making A LOT of money from that silver stockpile and there are going to be many options opening up for them. Many different things to consider, and if the price is greater than $100 US per ounce then there isn't going to be any contemplation about it IMO, they will expand Wonawinta significantly, including for the silver sulphide deposits they have. And then depending on the drilling done in 2022 build a new circuit for gold specifically.

    They still have lots of potential gold sites to drill in their western licenses, they have a vast amount of exploration licenses all over that COBAR region.
 
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4.3¢
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