RE:Murchison being prepared for Production Hello Nozzpack
Sounds interesting and logical the 260,000 ton plant has done 24,000 ounces and should do 30,000 ounces......think also you build a 500,000 ton plant as planned 10-15 million approx in cost.
Now the question is whether to use the 260,000 ton plant to extract gold from Odyssey Gold and the high grade 3 gram ore....
or use the full 750-760,000 ton capacity for Murchsion to process the low grade ore.
At 750 000 tonnes, 45 000 ounces is a very conservative estimate.
Or do I see that wrong I have a mistake in it? but we are rather a little too cautious
I am confident that with 2 mines we could reach 100 000 ounces per year.
"
Murchison is forecast to produce at around 24,000 ounces annually, with the added potential to expand production via Gabanintha." "
Murchison is forecast to produce at around 24,000 ounces annually in phase 1 using the refurbished 260,000tpa CIL plant, with a production grade of 3g/t gold. The capital cost is $14.8 million" "The ramp up includes Phase 2 with the already owned Heap Leach plant which also includes a 1mtpa crushing circuit, which will also be able to feed the CIL plant upgrade to 500,000tpa - which is planned for Phase 3. Phase 4 includes the flotation of copper/gold ore from Gabanintha." https://www.paidpromotionalmessages.co.uk/companies/news/39114/kentor-gold-is-australias-newest-gold-producer-after-maiden-pour-at-murchison-46716.html