pre-feasibility study for completion in december

27 Oct, from MOL:
Highlights Molybdenum - Spinifex Ridge, WA • Continuing record molybdenum prices

• Pre-feasibility Study on track for completion in December with Definitive Feasibility Study in mid-2006

• Resource drilling complete - confirms integrity of historical data - identifies high grade extensions

• WorleyParsons appointed as lead engineers • Sites for major project facilities identified - sterilisation drilling completed

• Metallurgical test work indicates 90% recovery with coarse primary grind

• Baseline environmental study complete - no major impediments

Want to know more?
http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=238565#736128