AAM 5.77% 5.5¢ aumega metals ltd

Ann: Unlocking Future Exploration Success at Cape Ray Gold Projct, page-13

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  1. 927 Posts.
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    Hi Andrew. .. to jump into production now wouldn't be optimal, even though we already have a base deposit which is unusually high grade near surface. The emphasis is to define futher deposits within 15km, ones that are close enough to be processed through a central mill for econimies of scale. Those extra ounces are often the really profitable ones and that's what we're after, hopefully many. Planning for production can advance, but actual construction ... not yet.
 
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