I understand its refractory from about 100+ m down looking at pit designs....As i said yesterday the emphasis on BLK solely relying on Wiluna for its transition in year 3 to sulphides and processing UG ore, could be shifted to utilising both Matilda and Wiluna UG deposits potentially?
They are already targeting shallower sections at Wiluna at around 500m deep and haven't bothered yet looking at 1000m deep, so if they can get a good say 40-50% shallow ore source from Wiluna and the balance from new UG at Matilda or vice versa could be a good combo?
Therefore 2 UG mines should keep the plant full! Great ann!
Management have talked Matilda up at depth, they referred once similar characteristics as Gwallia? Either way indicates there is a lot more than 1m/oz there currently in the resource table...
BLK Price at posting:
90.0¢ Sentiment: None Disclosure: Held
