NTL new talisman gold mines limited

Hi, this was discussed at the AGM. The material coming out of...

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    Hi, this was discussed at the AGM. The material coming out of the mine (up to 20,000 cm3 per annum) will be 100g/t+ au per tonne concentrate. This is what will be processed elsewhere. There is an alternative market for concentrate, I hear even the likes of OGC buy concentrate along with all the other majors.

    The benefit of concentrate is that it is low volume for high revenue. So even if you pay a bit more for transport and processing, it's not that much more, particularly given that larger players can use the concentrate to increase their overall grades at their processing plant.

    The leftover rock will be inert (no more sulphides or anything else left on it) so it can be used as backfill or gravel.

    No doubt specifics of the crusher, ball mill, etc will come out after the SPP is summed up.
 
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