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TMAC Resources Inc. T.TMR

Metals & Mining Industrial Metals & Minerals
TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera


TSX:TMR - Post by User

TMAC Resources Inc. > Progress
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Post by templetoothon Dec 08, 2017 12:58pm
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Post# 27118729

Progress

Progress
Comments from Scotia's mining conference earlier this week:
Apparently, the de-watering cone has been installed and water is under control since Nov.4.
The "spider head" ore distribution system will be done soon.
These process improvements will yield better recoveries in Q1 but will not help Q4.
Semi-encouraging news, IMHO.
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