Pine Cove MillThere has been many thoughts on what to do with the Pine Cove Mill on this site but one option not discussed in recent years is bulk shipping Golboro ore to Pine Cove for processing during the construction phase of the Goldsboro mine. 3 gm per tonne ore feed should produce almost 38,000 ozs gold. (4 gm - 50,00 .. 5 gm - 60,000). It would create a good cash flow during construction.
When Pine Cove bulk shipped aggerate in 2016, they shipped 250,000 tonnes per month. To supply Pine cove we would need only 40,000 tonnes so that should be very manageable.
If we could keep the mill running with good grade ore then we have very good cash flow during the next couple of years. This would be very favourable when time comes for financing.