AWJ 2.08% 24.5¢ auric mining limited

Munda -The Ten Bagger In Ten Months!, page-8

  1. 1,136 Posts.
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    Good question Gymjunky. Westgold Resources has a the nearby Higginsville plant with a capacity of 1.6Mtpa. Mincor Resources had a toll milling agreement with them for 40K tonnes a month a while back.
    Maybe there's a toll milling option for Munda here?
    Re the quarterly "Four contract mining companies have provided budget pricing estimates for mining and drill and blast services at Munda. These costings will contribute to detailed assessment of mining options.
    New pit optimisations and trial pit design will now be undertaken utilising the up-to-date contract mining costs, results from metallurgical testwork and a resource model that incorporates the 10m x10m drill data.
    A detailed trial pit design and corresponding site layout will form the basis for a mining proposal to
    be submitted shortly."
    Looks like a case of first things first - pit design and extraction. Then the haulage and processing contractors to follow.
    Last edited by twinpeaks: Today, 18:05
 
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