CMM 0.17% $5.97 capricorn metals ltd

Ann: Debt Financing Completed & Project Update, page-2

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    This is where an experienced team makes a difference to the bottom line.

    Onwards and upwards.

    The major change to the plant design from the 2018 study has been a move to a three stage crushing circuit and a single ball mill (previous design was single stage crushing feeding SAG and ball mills). This revised configuration is designed to achieve a throughput in the order of 3.5 – 4.0mtpa in fresh ore (previous design forecast 3.0mtpa). This is expected to deliver an average gold production range of 105,000 – 120,000 ounces per annum, representing significant upside to the average life of mine production estimate of 100,000 ounces per annum reported in the 2018 study.

    Imo, dyor no advice.
    Last edited by gpHiggsBoson: 18/12/19
 
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