"We have a Macraes look-alike in its infancy here but note that it’s much higher grade, it’s not refractory and has potentially lower open pit strip ratios. We are hugely excited to progress the project and show what we believe will be very strong econometrics for a new gold development.”
And there in lies their problem , as personally I doubt any govt in NZ will allow this to go open cut , management needs to be changed and someone who takes their blinkers off and looks at this as a high grade under ground mine will probably get the nod of approval from the govt to proceed to mine .
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