Left Unsaid but not unlikely…...is that NFG will buy out Maritime which would secure its milling needs for a very long time , including beyond the open pit production .
Hammerdown contains $650 million of economic gold reserves with an excellent Feasability study based on just the smaller Nugget Pond mill.
A new FS is now being prepared which will include Point Rousse Mill which will required very little capital to restart the recently closed Pine Cove mill.
Including QQ open pit mines, total production in each of the first three years of the HammerDown mine would be in the 250,000 ounces to 400,000 ounce range depending on QW open pit grades .
Potential gross revenues per year would be in the $600 million cad to +$ 1 Billion range .
The laid off milling crews at Point Rousse are very happy these days , so they say..