TYX 0.00% 0.5¢ tyranna resources limited

Ann: Drilling Boosts Jumbuck Discovery-TYX.AX, page-22

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  1. 257 Posts.
    This is an interesting question.

    1. TYX state that the ore will be "process(ed) through centrally located Challenger mill".

    2. The CIP plants processing capacity is "650,000 tonnes per annum of ore".

    3. 25/06/2016 WPG announced that they are have a target of processing a total of 600,000 tpa .

    4. 25/06/2016 WPG announced that WPG encourages its WGCJV partner to continue exploring in the WGCJV project area for potential eventual treatment of ore through Challenger mill.

    1. http://www.tyrannaresources.com/projects/jumbuck-gold-project/
    2. http://wpgresources.com.au/projects/challenger-gold-project/
    3. http://www.asx.com.au/asxpdf/20160725/pdf/438s8f5z822ysl.pdf
    4. http://wpgresources.com.au/wp-content/uploads/2016/01/2016-07-25-Investor-Presentation.pdf

    From the information above I have concluded that TYX will not be producing gold in the short term.
    Last edited by porkbarrel: 26/07/16
 
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