PGO 5.62% 8.4¢ pacgold limited

@speculator101, Can you post that paragraph relating too the...

  1. 2,254 Posts.
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    @speculator101, Can you post that paragraph relating too the mining study to be completed first q or a link?
    I have looked with no luck.
    This is on their site and I hold them to it but will contact them in the mean time to clarify if this is underway with no holdups.
    I will post what response I get from management.
    Operation startup Q4 2017.
    W


    Overview & Development Strategy

    • Production ready resources
    • Targetting operation start up Q4 2017
    • ~3,000ha tenement package in the heart of WA Goldfields
    • Tenements include eight established open pits in the north, zero workings in the south (~2m alluvial cover)
    • 200,000oz gold resource base with strong exploration upside
    • Open pit, free milling ore in existing resource base
    • Simple development plan
    • Contract mining operations
    • Processing through local toll treatment facilities
    Stage 1: Approvals Submission (targeting Q2 2017)

    • Flora/fauna & waste rock characterisation
    • Water & Project management plans
    • Community approvals

    Resources and exploration potential in the northern area of the Goolgardie Gold Project
    Stage 2: Contract Mining

    • Initial mining from Macphersons & Tycho deposits
    • Tender documents completed
    • Tender award Q3 2017
    Stage 3: Toll Treatment

    • Two 1Mtpa toll treatment plants just 8km by road
    • Greenfields Mill: In operation
    • Three Mile Hill Mill: Requires minor refurbishment
    Stage 4: Resource Expansion

    • Exploration to occur during mining activities
    • Targeting funding through cashflow
    Coolgardie History


    Macphersons Production History
    • Discovered in the 1980’s by famous prospector Bill Powell
    • Historical small scale high grade mining and production
    • >60% of resources in Measured & Indicated categories
    • Current resources on established mining leases
    • Simple proven metallurgy (historical recoveries >95%)
 
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