MGV 2.74% 35.5¢ musgrave minerals limited

Here is an answer to the first part of your question, I'll need...

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  1. 11,185 Posts.
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    Here is an answer to the first part of your question, I'll need to think about the second part.

    What did DRM say. Stopping production from Andy Well on 1 Nov 2017. Final investment decision on Gnaweeda late 2017, with ore potentially delivered in June 2018 (if all goes very well). I suppose if DRM don't end up approving Gnaweeda and can't reopen AW then it could represent an option for MGV if BOD-Lena proves feasible. The processing plant was designed for UG at AW, below is a description from the engineering firm that built it.

    "GR Engineering was appointed by Doray to undertake the engineering, design, procurement, construction and commissioning of its new process plant facilities for the Andy Well Gold Project. The project required the development of a process plant capable of treating 165,000 tpa of underground ore.

    The Andy Well process plant is designed for a nominal 20 tph milling rate. Run of mine material is fed to the crushing plant at a design rate of 60 tph with crushed ore storage capacity installed to provide a physical break between crushing and milling operations.

    Ore is passed through a two stage crushing circuit. Crushed ore is stored in a fine ore bin with a live capacity of 360 tonnes. The grinding circuit consists of a single stage 500 kW ball mill. Gold recovery consists of both a gravity circuit containing gravity concentrators and intensive cyanidation unit and a conventional carbon in leach (CIL) arrangement consisting of seven CIL tanks. Loaded carbon is stripped of gold using a Split Anglo type elution circuit and gold will be subsequently recovered from the cathodes of the gravity and elution electrowinning cells."

    How far is the AW mill from Moyagee /BOD-Lena? About 185km as the crow flies and more like 200km by road. RMS is trucking high grade ore (~7g/t) from Vivien to their Checkers Mill over more than ~260km, so it is possible if grades are high enough. Just a note: I don't think Checkers is likely to be an option as the current RMS mine plan looks like it can go to 2022 if all goes well (crossing fingers there). Esh


    BOD to AW.PNG
 
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