The drilling program was highly successful, outlining a large aquifer system within the Hansen Palaeochannel, which lies beneath the Hansen River, located around 20km from the Mount Peake deposit (Figure 1). Preliminary indications from pump test-work are that it is capable of providing a sustainable long-term source of water to supply all of the requirements of the Mount Peake mining and processing operation over the planned 20-plus year life of the project
Nice find and nearer than expected eh?
Let's see if someone can down ramp that announcement
As with all news - good or bad -I expect the share price will drop a bit as usual![]()
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Ann: TNG discovers water supply for Mount Peake mine, page-5
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