Early stage production scenario mentioned in the slides is elaborated on - leverage the ~$20m in declines/shafts etc existing at Twin Hills to bring up high grade ore and toll treat at Pajingo or Charters Towers for early cash flow.
Definitely sounds interesting and would be good to see where this goes. Given Twin Hills already has an active mining lease, shouldn't be any regulatory hurdles at least. Look at Novo in WA, they are looking at 12-18 months to get mining approval for their sulphide ore body, so pre-existing mining leases are a win.
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- Ann: GBM confirms extension of gold mineralisation at Twin Hills
Ann: GBM confirms extension of gold mineralisation at Twin Hills, page-39
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