Yep - confirmation that previous operators "high graded" Woodlawn and left a lot of material behind, puzzling as to why the previous owner HRR was going to retreat tailings and assumed there was higher value in these tailings than using paste fill to extract underground ore, certainly NCZ have had very modest succcess doing the same at Century so pretty much everything HRR did was incompetent, so its a matter of assuming that their decision on this was also incompetent, and maximizing on this going forward. Needs decent metal prices to operate profitably, grades are very similar to ore being mined at Broken Hill by CBH and Perilya by remnant underground mining, but the supply crunch in Lead Zinc and Copper is coming, no-one has been exploring or developing Lead Zinc mines for decades.
Ann: Woodlawn Updated Mineral Resource Estimate, page-10
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