A contract for the 100-person camp and non-process infrastructure (NPI) is anticipated to be executed in early 2019. Camp construction will commence as soon as approvals are received.
The reverse osmosis water treatment plant (WTP) and wastewater treatment plant (WWTP) contract has been awarded and is progressing on schedule.
The Build, Own and Operate (BOO) contract for on-site power generation for use at the plant, mine and camp at Rothsay is in the final stages of negotiation, with award expected early 2019.
Looking forward to getting the results from this too.
ORIENT SHEAR RC PROGRAMME
An RC drilling programme was completed during the Quarter on the Orient Shear (previously named the “B” Shear), which is located ~200m west of Woodley’s, and is on a basalt/gabbro contact. The drill programme was designed to test below the historical Orient South Pit where a proposed portal and decline may be required to access the Southern zone of the now extended Woodley’s Shear. This sterilisation programme was part of a greater Orient RC programme, which covers the area beneath all three historical Orient pits to test for further mineralisation. Historical high-grade assays such as MRP191, which returned 2m @ 84.12g/t Au (including 1m @ 145.9g/t Au) below the current Orient pits, have not been followed up since they were drilled nearly 30 years ago.
The programme consisted of 60 RC holes for 4,765 metres. Results are pending.
EGA Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held