I knew they had some dumps but I didn't realise how extensive they are
Some of the grades are quite spectacular. These old school mines were very inefficient.
I assume they are looking to toll treat this material to a local mill should they define a commercial quantity?
This material is potentially low hanging fruit that will (if commercial) allow some short term cashflow . These dumps just need to be loaded on a truck and taken to nearest mill with capacity
Announcement states they will also be looking at some resource calculations on some of the more advanced assets
Good to see
TNR Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held