Something maybe cooking, considering they have a gold resource 200000 plus oz @ $1700 per oz a mill being upgraded within 30 klms and will be hungry for ore, and now approval to mine 7 mil tonnes per annum. What they might be looking at is start mining iron ore deposits and stock pile the iron ore, whilst removing the gold ore and prosessing , there is at least $500per oz profit in that gold resource which equates to in excess of $100 mil and the iron ore is free on the deck. the puzzle does thicken and its worth the watch.
Ann: Wiluna West Mining Approvals Received, page-3
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