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Ann: Production to commence at historic Victorian gold mines, page-15

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HotRods65

8,390 Posts.

587

05/02/19

12:13

Post #: 37333951
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Originally posted by zero2a$mill: ↑

Does anybody have any idea of an AVERAGE grade that

they expect to process? 10 gpt? 15 gpt? more/less ?

Can't recall seeing this earlier, but production will only

be carried out, initially, one week out of two.

AuStar Gold will commence development in the first week of February with logistics and procurement activity underway. Processing is expected to commence before the end of February. AuStar Gold has identified an initial gold mineral inventory to sustain production over the next 6 months, with the objective of continuing to replace and add to the current mineral inventory via ongoing success from further exploration activity. The plant will initially operate at approximately 85tpd throughput on a week on/week off basis, which is expected to increase in the next six months.

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and the inventory is ?????? we are going mining but have no reserve. the beginning of the end imo.
no resource estimate, no announcement confirming the plant has been upgrade to handle the sulphide ore.

Last edited by HotRods65: 05/02/19

AUL Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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