Скачать или смотреть August 2019 - West Musgrave PreFeasibility Study Update

Managing Director Richard Bevan, speaks to Proactive Investors about the progress of the PreFeasibility Study on the JV owned West Musgrave copper nickel Project and also their 100% owned Mount Squires gold Project.

HIGHLIGHTS
• OZL Board approve additional $10M to extend Pre-feasibility Study (PFS). Joint Venture spend substantial and ahead of schedule.
• Improved project economics expected to be delivered through enhanced metallurgical recoveries and renewable power cost assumptions.
• Increased mine life supported by additional 50,000m drilling since last resource update. Options with Succoth deposit to extend mine life further.
• PFS extension required to evaluate innovative ideas that can add value and ensure Feasibility Study (FS) has a single go forward option. PFS extension not expected to materially extend FS completion.