GSR 0.00% 1.1¢ greenstone resources limited

Ann: New High-Grade Intercepts at Burbanks, page-13

  1. 2,454 Posts.
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    If a JV with GAL does eventuate here are some ESTIMATED numbers for that JV.

    GSR/CNJ........Co 31,473 tonnes.....Ni 139,880 tonnes.
    GAL................Co 14,300 ................Ni 71,000
    Total...............Co 45,773.................Ni 210,880

    This is metal in the ground for Mt T only, total tonnage mined 39.4m tonnes @ 1.8mt p/a = 22yr mine life.
    GAL might include Mission sill and Goblin.
    The problem with the PFS plant flowsheet was the poor metal recovery Co 74% and Ni 22%.The MD appears to like the HPAL process, these plants are expensive and not without problems eg Ravensthorpe,Murrin Murrin and Goro. Also is Mt T big enough to justify an HPAL plant?
    I think improved metal recovery is the key to Mt T.........AIMO.
 
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