WMC 0.00% 20.5¢ wiluna mining corporation limited.

dont forget drilling also to start soon

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    Gold production is expected to increase to 40,000-45,000 ounces during the second half of FY18 and beyond, due to high grade ore from the M4 and Galaxy open pits being available to feed the process plant on a continuous basis, followed by the M1 and M2 open pits coming into production.

    from the presentation

    Four large scale gold systems capable of sustaining a sizeable long life operation
    • Large resource of 61Mt @ 3.1 g/t for 6.2Moz Au(1)
    • 51% Indicated Resource level • All deposits < 20km from plant
    • Solid reserve base of 15.2Mt @ 2.5g/t for 1.2Moz Au(2)
    • Operation has never had more than 0.4Moz reserves but has produced 4.4Moz
    • Good mix of open pit & high grade UG ore
    • Free milling resources 22.8Mt @ 1.76 g/t for 1.3Moz
    • +1,100km2 of tenure & 55km of strike
    • Multiple drill ready targets
    Exploration and reserve drilling to r
    ecommence in early march
    Last edited by jas626: 08/03/18
 
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Currently unlisted public company.

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