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Indeed Hicks 4 was some what of a saviour, it had already been...

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Justis

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04/08/20

10:07

Post #: 46282999
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Originally posted by kojak78: ↑

OC might very well turn out to have 500k ounces, it certainly has more than 30k. The problem is even there more drilling is needed plus some trouble from getting the ore along the haul road. And the drilling needed is in the already drilled areas, there are still undrilled areas to the east.
OC is complex... so changes to the plant? It basically is the next stepping stone after Hicks 4 which was very convenient... mind the loss of Smarts 3 meant without Hicks 4 OC could not have been developed. Good to get better short-term projects onto the table now...

It is just sad to make up one's mind too early. To me OC looks like a pretty safe 150k-200k bet for the dry seasons.

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Indeed Hicks 4 was some what of a saviour, it had already been identified as a target and had been drilled but the near surface mineralisation had been missed and finding it made it a game changer.

From what I read not sure there is changes required to plant to treat OC ore, I think the complexity is how to mine it

TRY Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
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