Taking 9 months from March 2017 = Dec 20173 more months to go?
Southern Gold’s development partner, London Stock Exchange-listed Bluebird Merchant Ventures Ltd can now access the mine and begin project assessment under the Farm-In and Joint Venture Agreement that was struck in March this year.
“Bluebird has been in the game a long time and are the right people for the task of re-commissioning old gold mines,” Mitchell said.
Bluebird will re-open the mine, conduct preliminary assessment works and an evaluation of re-starting operations.
This is expected to take six to nine months and cover modern era resource estimation, mining methodology, metallurgical studies, capital and operating cost estimates and financial analysis.
