Besides the delay no issues are mentioned and thankfully they have realized they have overused the term imminent and was not mentioned .
ASX Release – 5 March 2021
Feasibility Study and Scoping Study Updates
Sandstone gold project (WA)
• Final contract mining costs, received last week, are to be reviewed and
incorporated into the Feasibility Study (FS) to re-commission, and the
Scoping Study (SS) to expand, the Company’s wholly-owned Sandstone
gold processing plant in central WA.
• FS technical work, including pit geotechnics, water supply, tailings
storage, metallurgy and environmental aspects, is complete, with no
material issues identified.
• The SS, which evaluated Sandstone’s existing gold plant being expanded
to 750ktpa, indicates a particularly attractive outcome, once additional
mill feed can be identified, including from third parties.
• Accessing proximal third party deposits and broader consolidation of the
Sandstone district remains a priority for Middle Island, and discussions
to that effect are continuing.
• Both FS and SS reports will be finalised in the next few weeks.
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