Ramblers Ming Mine Plans 2021
Rambler went Bankrupt before these optimized plans were able to be instituted.
The Duck Pond mill offer was cancelled .
But , great idea to consolidate all mining operations at the Ming mine site once the Duck Pond mill was Re installed .
Firefly has ignored these optimization plans in favor of a new 3 million tpa mill ( 9000 tpd ) ( to be located at the Ming mine site.
This will delay Copper Production unti at least 2029.
Unless, with MAE considering consolidating its milling operations at Pine Cove including canabilizing the Nuggett Pond mill , and pehaps the addition of the Duck Pond Mill ..2400 TPD .
This could result in about 4500 tpd milliing operation at Pine Cove ..1.5 m tons per year ..
This would enable Firefly to double Ramblers copper production to about 20,000 tons per year ..while they wait for their new mill to be built
This would still provide MAE with sufficient excess milling capacity of about 650,000 tons per year for its gold production including toll milling
The net proceeds of the Placing will be used to:
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• Add equipment to the mining fleet to further support operations as they return to the optimized mill production capacity of 1,350 tonnes per day (tpd);
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• Initiate engineering and planning to support the re-location of the Duck Pond 2,400 tpd flotation plant to the mine site;
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• Advance and accelerate exploration drilling within the mine, specifically targeting the high-grade massive sulphide which returned 70 m of 9% copper when last intersected in Q4 2019;
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• Commence the design of, construct and commission a crushing & ore sorting plant at the mine site;
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• Upgrade minesite power supply;
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• Initiate studies in support of future strategies such as materials handling including hoisting in the existing vertical shaft;
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• Upgrade enterprise resource planning ("ERP") and financial systems; and
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• Provide general working capital to further strengthen the Company's balance sheet.