MinesOnline is pleased to present the opportunity to acquire strategically located infrastructure situated in the established Goldfields and emerging lithium province of Coolgardie, Western Australia. The package includes a permitted gold plant with an existing flotation circuit that could be upgraded to treat lithium and nickel sulphide ores along with highly prospective gold rights. Opportunity Overview: Multi-Purpose Plant: The Burbanks plant is located amongst several known gold, lithium and nickel deposits and is close to the production hubs of Kalgoorlie and Coolgardie. Burbanks is one of only two remaining privately owned, permitted and approved processing plants in the Goldfields Region. Permitted & Approved: The Burbanks plant consists of a 200ktpa gold circuit which has an existing flotation circuit, making the Burbanks plant unique due to its multi-purpose design. The plant can treat oxide and fresh gold ores, and in the past has treated nickel sulphide ores to produce a concentrate for sale to the nearby BHP smelter. In addition, there is an opportunity for the plant to be modified to treat lithium ores via the flotation circuit. Fast-Track to Production: The plant is already permitted and approved which allows for an expedited path to cashflow. This contrasts with the typical timeline for the design, approval, funding and construction of a WA based gold plant which is taking up to 3 years to complete. This provides a significant competitive advantage to your gold, lithium or nickel peers.
With the availability of suitably qualified contractors, the refurbishment outlined by the Coil group was estimated to take approximately 9-12 months to complete, presenting an accelerated pathway to production. Existing Infrastructure:The site has a significant amount of existing infrastructure including grid power, town water, bitumen roads to Coolgardie, tailings capacity and approved tailings lifts, as well as an office, workshop, laboratory and other amenities. Opportunity to Scale: The existing plant configuration provides a scope to upgrade the capacity of the plant. This was envisaged as a two step process with the first step consisting of increasing throughput to 500ktpa followed by either 750ktpa or 1Mtpa. Due to the rapid refurbishment timeframe, these steps could be partly or fully funded out of cashflow. Cost estimates to refurbish the plant are set out below in Figure 1 (+/- 30% accuracy and including a 10-30% contingency). 
Table 1:Estimated Costs for Future Refurbishment and Replacement | 
