RXM 0.00% 47.0¢ rex minerals limited

Ann: Response to ASX Price Query , page-31

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  1. 16,466 Posts.
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    They are against it because Rxm has the potential to have many mines within its 60 Kilometer exploration acreage. If it were just one they could live with that but they dont want the uncertainty where the next deposit will be , in their backyard.

    As for dimensions ,

    The proposed mining lease at Hillside is approximately 3030 Ha, although only approximately 2080 Ha will be directly impacted by the operations

    Open pit and underground mine

    The final open pit is planned to be approximately 2.4 km long from north to south, 1 km wide and 450 m deep at the deepest point.

    The underground operation will be in two areas; to the north and south of the open pit.

    http://www.rexminerals.com.au/wp-content/uploads/2010/10/Hillside-Copper-Mine-Info-sheet_27-September-2013.pdf
 
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46.5¢ 47.0¢ 46.5¢ $485.0K 1.038M

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