RE:Consolidated Rambler Tailings on Exempt Lands
Smaller mining companies looking to specialise in reprocessing tailings frim brownfield sites can be very profitable
Adopting a strategy of purchasing waste dumps or historic tails for re-processing as an economic source of commodities has many advantages over greenfield costly exploration for new deposits.
This value is easy to recover as the material has already been mined and avoids the substantial extraction costs of virgin mining, yet these tailings deposits contain high recovery rates .
I previously posted that cash costs were about 1/3 of gross which is well below producer norms.
Excavate, separate, dry stack and treat.
Very straight forward .
Shoreline is currently using its mining and excavation assets to reclaim TSF#1, recovering 20,000 ounces in the process.
Who knows what's next up ...