OTCPK:PGMFF - Post by User
Post by
Megamisteron Jan 23, 2022 6:54pm
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Post# 34350527
What's the Current Status of the Shaft at PGM's Madsen Mine?
What's the Current Status of the Shaft at PGM's Madsen Mine?Does anyone know what the status of the previously used 800 metre mineshaft at the Madsen mine is?
Last I read was that PGM was continuing to de-water it.
Depending on ore grade, I understand it to be more practical to bring large(r) volumes of ore to surface via ramps than doing so via shaft so as to keep the mill operating feasibly and at nameplate capacity.
Maybe fully de-watering the shaft and recommissioning it's use at this time is too expensive a proposition to the alternative of using the existing Main ramp and the newer East ramp.
Appreciate knowing if there is an update on the status of shaft and what the plans are for it beyond simply being told "we (PGM) continue to de-water it".