GREY:OLEPF - Post by User
Post by
maya123caon Feb 06, 2013 1:01pm
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Post# 20947200
Latest Mackie update on Oromin
Latest Mackie update on Oromin From the update:
"We remind readers that a portion of the pit design (containing waste material) that constrains the 1.2mm ounce Masato reserve infringes on the adjacent property held by Teranga Gold. In order for the reserve to be mined in its entirety, an agreement with Terranga would have to be signed to accommodate the upper benches of an open pit that would cross over to the adjacent property."
From an email I just received from a broker: "As per the recently released Oromin feasibility study this agreement with Teranga is already in place."