I still bet we start producing before CDU.Good luck to them though,i couldn't be happier for them.
Mt Freda gold project area, QMC is expecting a JORC resource to be established at Mt Freda and as well the resource engineers are seeking to establish a JORC resource for Gilded Rose (up to 5,000metres of drilling is planned and may be required before establishing JORC resources).At both sites, the mine engineers are looking at two aspects
- mine and design for extraction of ore
- further drilling that will be required to increase the JORC resource base.
QMC at the same time is progressing documents in relation to joint venturing and / or IPO in relation to its gold resources and gold operations.
-which includes important plant and infrastructure with a view to develop production from these mines as soon as possible.
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