Some new information appears this afternoon on the AAR website. It's worth a read.
http://www.anglo.com.au/koongie.asp
An very small extract below:
Time Line
Time lines to development of the Koongie Copper Zinc Project are dependant on ongoing positive results from Scoping and Feasibility Studies, board approval, access to adequate financing, DMP approval and a favourable commodity prices. Potential time line scenario:
December 2010: Completion of Scoping Study and Sandiego Pit Optimisation
January 2011: Financing of Feasibility Study
February 2011: Commencement of Feasibility Study. This will include completion of Flora and Fauna Survey, water study, detailed examination of processing options, and commencement of documentation required for mining approval etc.
March 2011: Commencement of Open Pit Resource RC and diamond drilling program. This will include large diameter Core drilling to obtain bulk samples for metallurgical testwork.
April/May 2011: Commencement of Exploration drilling program on targets outside of Sandiego.
July 2011: Submission of a mining proposal to the DMP.
Mid to Late 2012: Commencement of Plant construction and pre-strip of Sandiego Open Pit
website update on koongie
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