BGD 1.69% 30.0¢ barton gold holdings limited

Thanks for posting BaltasarG,It seems that crushing/grinding of...

  1. 1,581 Posts.
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    Thanks for posting BaltasarG,
    It seems that crushing/grinding of existing stock piles (approx 300,000,000t @1.0 to 1.5gram/t) might happen in 2024 via the existing mill.

    Additionally, there also seems to be some smaller stockpiles of higher grade material on which metallurgy needs to be done to determine if that material could also be processed in conjunction with the lower grade stockpiles.

    Apart from that, they are looking to get the resource up to or around1.5m ounces initially and then hopefully to the magical 2.0m ounces in 2024.

    As to fully starting up the mill, He stated that they need at least two to three years of high grade ore at Tarcoola before they kick start the existing mill and that they don't expect that type of production to start until 2025.

    The tranformational year of 2023 still has 5 months to go and IMO, it will carry over into 2024 as they get drilling at Tarcoola and Tunkilla.

    Interestingly, the cost of processing existing stockpiles won't have an extraction cost which could translate into a reasonable source of income in 2024. Additionally, the tailings dam might also be a valuable source of au concentrate.

    Cheers
    Mulac1
 
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