WELLGREEN ALL ABOUT LOWER BASEIf a song could describe... The Wellgreen Deposit.
It all began with the UG Mine + lower base ores.
Lower ultramafics, sulphides, gabbs, clino = high grades.
2017 not only parted the sulphides and gabbs but also used
the extraction excuse to cancel out the clino ( 3 best ores gone ).
Australia uses high preasure acid leach on clinopyroxine ores with
very high recoveries.
Somehow, Wellgreen morphed to all peridotite - lol
Lots of waste ores in 2023 pfs and costs to mine waste ores, while
CNC does not have waste ore costs - lol
No wonder 2023 pfs metal payables run 25% recovery vs total metal content.
Given the upper ( treble ) silicates with course grind extraction.
846 million tonnes Lower Bass Ultramafics + UG Mine
= Let's Bring Back the Big Booty Base ( high grades )
It's all about the BASS
https://www.youtube.com/watch?v=7PCkvCPvDXk