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Ann: PRE-FEASIBILITY STUDY AND UPDATED ORE RESERVE FOR CGP, page-43

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  1. 872 Posts.
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    The Lewis trial pit toll processed 1000 ounces and just broke even, and in any case I think someone posted here that St. Barbara weren't impressed with the oxide ore clogging up their mill. Might have that bit wrong. Toll mining low grade ore doesn't strike me as a good idea.

    Makes more sense for a Kin plant to toll process for surrounding explorers in the future.

    On the other hand, as I keep harping on about, we don't know what has been planned for the Raeside ore, which was both the highest grade, the closest to the St. Barbara plant, and, going by the graphs in the DFS, at the lower end of the production costs scale for Kin (hard to be sure about that). I guess a plan could be to fund the exploration / accretion project by having St. Barbara toll process the Raeside ore, although for no particular reason I doubt that is what is planned.

    It is possible the Raeside ore will just reappear in the mix and economics will look OK, if not exciting.
 
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