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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.


TSX:AII - Post by User

Comment by 5ilverlining808on Apr 18, 2024 2:53pm
145 Views
Post# 35996520

RE:RE:RE:Phase 1 to Phase 2 Development at Sangdong

RE:RE:RE:Phase 1 to Phase 2 Development at Sangdong
1dollarinto2 wrote: Thank you for sharing, your mining knowledge is always much appreciated. It is a good reminder that the mine doesn't require moving huge amounts of material.

I'm still unclear on what exactly needs to be done to move from phase 1 to phase 2 underground. When Lewis says they will start work on phase 2 underground in September, I don't understand what will be changing. Sounds like nothing is needed above ground with the mill.






Yes, nothing is needed above ground for the process plant.
I think phase 1 refers to the initital 600 metre strike zone at the top of the mine which is called the Hanging Wall (HW) and that is accessed from the first built top portal (Alfonse-D) well above the process plant level.
Phase 2 imo should be the Foot Wall (FW1, FW2 and FW3) accessed from the lower portal (Momty B) at process plant level that was the last to be buit.
All the underground ramps and galleries are now close to being built and connected, plus to ramp up there are no issues as the mine and process plant can still operate while develope for the latter stages are in operation.
The fact that the FW was split into 3 stages tells me they are not diving into shallow waters head first.
This stuff mostly came from the Almonty website under "projects" - "almonty Korea Tungsten" - scroll down to -"
Local Geology, Lithology".

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