AZY 100% development options, page-47

This paragraph from the first post in this thread and musings from comments on ounces per vertical metre led to this compare contrast of Karlawinda and Minyari.

Recent start up mining at Karlawinda is a reasonable model for AZY's future trajectory to development. It gives a ball park figure for Capex which could apply to M/W and therefore what AZY need to be looking at.

KARLAWINDA MINYARI COMPARE CONTRAST.pdf

Capex estimate in the PDF is roughly in the range used by @TambourineMan's. Pure chance or a hint of what could be the case?

[Making any comparison is fraught with complex issues. Many are debatable and potential controversial with the ones chosen some of the more obvious - there are others not included or even thought of. A beginning DYOR]

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The pit outline (white) is the outer flood bund for Bibra (I think).

• The foot print of the current mine would probably encompass most of the surface area of Minyari (M - yellow) that plunges to depth.
• If M becomes an open pit it will be different because of the steeper nature of mineralisation.
• Geotechnical and economic issues will determine how deep a pit at M might actually go before transitioning (?) to UG.

An actual photo, below, is from CMM's Q1 2022 report.


Recent Satellite image used to create the overlay on Minyari at same scale.


Hopefully a preview of what could happen at Minyari. Annual time lapse images:


The grid pattern drilling shows this is an easier deposit to explore and understand from the get go.

M is now better understood and drilled like Swiss cheese especially in the upper levels so little to no additional drilling may be required for mineralisation definition. Geotech and Hydrology may require some more holes.

Another couple of years+- of SS/DFS/BFS to get Minyari to where Bibra was around mid 2019.
Couldn't pin down a date for decision to develop at K but took some 18-24 months to get a decent size hole in the ground. Rubbery figures that may or may not give some indication of AZY could do. [inflation, supply chain issues etc are different now. There will always be some variables that are not factored in.]