Atlas documents lodged with the govt in the back half of 2011 indicate they want to start mining at Mt Dove from Q4 this year. Atlas also refer to 2.3Mt of high grade iron ore that should hopefully achieve the $2-3m royalties mentioned by De Grey. Those $ can help offset exploration costs through 2013. Atlas timelines are:
"Obtain key government approvals - August 2012
Commence Project construction activities - August 2012
Commence mining and processing - Q4, 2012
Mining ceases (based on current resource) - Q4, 2013"
http://www.epa.wa.gov.au/EIA/referralofProp-schemes/Lists/Proposal/Attachments/121/Mt%20Dove%20DSO%20Main%20Report.pdf
Looking forward to the Pachi drill as a promising tenement.
mt dove royalties
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