I found an older announcement from September 2017
http://www.regisresources.com.au/reports-2/asx-announcements?download=268
McPhillamys Gold Project - Pre-Feasibility Study
Regis has undertaken studies to a pre-feasibility level into the development of the McPhillamys Gold Project (MGP) in New South Wales. The study assesses the MGP to an appropriate level to support the estimation of a JORC compliant maiden Ore Reserve and to enable the Regis Board to determine the viability of the project so as to commit to workstreams required to complete a Definitive Feasibility Study (DFS) in the December 2017 quarter.
== Life of Mine (LOM) Summary
—>Key life of mine physical results from the study, at a processing throughput of 7Mtpa, are summarised below:
Mining
++ Waste volume (BCM millions). = 91.6
++ Ore volume (BCM millions). = 21.3
++ Volume total (BCM millions) = 112.9
++ W:O Strip Ratio = 4.29
Milling
++ Dry Tonnes Per Hour = 841
++ Plant Availability = 95.0%
++ Ore Milled (Tonnes millions) = 60.1
++ Milled Grade (g/t) = 1.05
++ Recovery = 85.0%
++ Ounces Recovered = 1,728,264
++ Mine life (years) = 9
The capital cost estimate has been developed for the design and construction of a 7.0Mtpa open cut mine and gold processing facility using all new equipment. The MGP capital cost is estimated at $215 million as summarised below.
If the 215 Million Aud is correct the question is how could Regis finance this? They have actually 208 Mio Aud Cash.
Background:
The MGP is wholly owned by Regis and is located approximately 250 kilometres west of Sydney in the Central West region of New South Wales.
In 2017 Regis announced a maiden Ore Reserve Estimate at MGP of 60.1 million tonnes at 1.05g/t Au for 2,034,000 ounces of gold.
Pre-feasibility level studies in 2017 show the MGP is a robust, large scale open pit gold mine with a planned 7 million tonne per annum mining and processing operation producing an average of 192,000 ounces per annum over a ten year mine life.
- Forums
- ASX - By Stock
- Ann: PEA submitted for McPhillamys Gold Project
I found an older announcement from September 2017...
Add RRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.59 |
Change
0.000(0.00%) |
Mkt cap ! $1.473B |
Open | High | Low | Value | Volume |
$2.55 | $2.60 | $2.55 | $3.866M | 1.495M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 128666 | $2.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.59 | 11158 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13580 | 5.400 |
6 | 81080 | 5.390 |
10 | 155033 | 5.380 |
10 | 111218 | 5.370 |
2 | 19337 | 5.360 |
Price($) | Vol. | No. |
---|---|---|
5.410 | 33582 | 4 |
5.420 | 206580 | 18 |
5.430 | 104617 | 15 |
5.440 | 34745 | 6 |
5.450 | 31559 | 6 |
Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
RRL (ASX) Chart |