HRZ 2.94% 3.5¢ horizon minerals limited

Ann: Teal Gold Mine Operations Update, page-20

  1. 8,331 Posts.
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    It's probably ready to go but I'd reckon EGS' current issue may(only may) put it on hold for a bit. We will be cashed up and if EGS goes to receivership maybe we can get a bargain mill. That said, they were looking at Teal stage 3 southern cut back and there is the primary mineralization in the pit floor I think they were doing test work on to see what sort of processing path best suit it. There are a couple of mills nearby that could process the ore if a toll treatment deal can be done.
    The rest of Teal(including Jacque's) is on a mining lease so this should help A LOT bringing it into quickly into production as most approvals are in place.
    They have I think drilled most of Anthill to reserve level and you be betting this will also not be far away from being developed.
    Sit back and watch it all unfold as JP and management deliver for us shareholders
 
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