GREY:PGDIF - Post by User
Post by
ekimon Aug 23, 2016 12:40pm
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Post# 25168145
PEA - PFS - FS
PEA - PFS - FSThis is what I mean when I say FS type work can be done at the same time an updated PEA can be worked on.
This is from Tango Mining's website:
Ongoing Work
Tango has run feasibility studies in parallel with the resource work and is preparing a NI 43-101 Preliminary Economic Assessment report. As part of this work, recently completed rock hardness measurements have enabled autogenous mill sizing to be conducted. The deposit is considered as soft in the greater diamond industry and an autogenous mill retrofit to the existing plant is being assessed. Economic models will potentially be enhanced due to the following:
- Better liberation and recovery with the implementation of autogenous milling.
- Potential for less diamond damage and possible breakage.
- Autogenous milling can provide improved plant throughput and reduce unit treatment costs.
- Botswana Power Corporation grid power has been installed to the site boundary and will be more cost effective than the historical and more expensive diesel generators.
- 2012 capitalised pit expenditure of USD $21M with pit developed down to 60 m with mineralization exposed and ready for recommencement of mining.
- 2012 installed two stream plant and infrastructure of USD $23M allowing for a shorter project implementation time.
- USD $45M acquired accumulated tax losses to be utilized against future taxable earnings.
It does not have to be one shot study, one shot work.
LONG...PGD
EKIM