PIR 0.00% $1.49 papillon resources limited

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  1. 3,054 Posts.
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    Medinandi is the whole project area that includes Fekola, Fadougou Main Zone(FMZ) and FSE/FNE.

    I dont think that there is necessarily any thought of abandoning FMZ, FSE, or FNE more just a re asessment of the resource calcs, mineralisation etc to better direct the company to the areas of greatest potential. This is not new though as the company focus had already shiifted towards Fekola prior to the mangement changes.

    One would think that in the future that if a mine and processing plant is built at Medinandi that FMZ/FSE/FNE would be mined albeit probably after Fekola.

    Another point is that Peter Woodman has to sign off on any results to be released so it makes sense for him to do a site visit as part of a review prior to any signing off. For this reason I think we can expect some results soon as the site visit is probably complete now.

    Retrac
 
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