PGO 5.62% 8.4¢ pacgold limited

If it is a predator could it be the likes of "Kirkland Lake...

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  1. 6,287 Posts.
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    If it is a predator could it be the likes of "Kirkland Lake Gold" with its Cosmo mine in the Northern Territory, where the Company is working towards resuming mining operations after placing the mine on care and maintenance in June 2017 >> JAN 18

    In the Northern Territory of Australia, planned exploration programs at the Cosmo mine involve underground development and drilling to improve the understanding of the Lantern Deposit and support resource definition and expansion. In addition, drill programs are also planned at the formerly-producing Prospect open pit at Union Reefs, Maud Creek and other targets on the Northern Territory land position. Exploration expenditures in 2018 for the Northern Territory are largely focused on supporting the establishment of a five-year production plan for the Cosmo mine and Union Reefs mill that is sufficiently attractive to support a resumption of operations. Approximately $15 million of the planned exploration expenditures at Cosmo relate to care and maintenance expenses while operations remain suspended.
    Last edited by Sharetrader78: 17/02/18
 
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