I attened the AGM today. Major points as follows:
The gold concentrate represents 1% of bulk ore.
The plant can process around 60tph in current configuration,but needs around $500,000 spent to upgrade to 100tph bulk ore.
Its hoped to start production in early 2010.
As reported the concentrate returned 15oz a tonne gold and 6.5oz silver.
From my perspective the results when in full production will be the acid test. IF and its a big IF they can get it all to work it will be interesting, they do have the old Selwyn mill there which can process 2million TPA. Its a speculation.
There are no resource estimates to my knowledge
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