NCM newcrest mining limited

Nothing released from Newcrest but we had a news release here in...

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    Nothing released from Newcrest but we had a news release here in the UK today to confirm that the NCM/GGP JV had broken into the box-cut face and officially started the decline. There was also a tweet accompanying this rather impressive picture of the progress.

    Shaun Day, Chief Executive Officer of Greatland Gold plc, commented: "This is a momentous step in the development of Havieron as a world-class gold-copper mine. I am delighted by progress on site and this fast-tracked milestone is indicative of the potential scale of the deposit and the opportunity seen by our partners Newcrest. By providing access to the top of the orebody, the decline sets Havieron on course to become a large, multi-commodity, bulk tonnage, underground mining operation. Alongside the ongoing growth drilling, the next key milestone will see the completion of a Pre-Feasibility Study and we are on track to deliver this in the second half of 2021."

    Newcrest are going hammer & tongs at Havieron so we have every reason to think they will hit and exceed all their timing targets as they have up until now. Telfer will be processing high grade gold & copper grades in the not too distant future.


    https://hotcopper.com.au/data/attachments/3175/3175166-839ca3a7735f9470073c97ac810c2b7f.jpg
 
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