"Millennium is the only ASX-listed gold company operating in the...

"Millennium is the only ASX-listed gold company operating in the Pilbara which has commercially mined and produced gold from conglomerates. Its ownership of a 2Mtpa processing facility represents another significant strategic advantage"

This is probably right - Australian listed gold company - BUT not the first to recover gold from conglomerates - others are well ahead with trials completed a few years back.

Also i doubt conglomerates are going to play much of a part for MOY, their focus rightly so is on building oxide resource while increasing refractory ore reserves with an enabling flow sheet - fine grinding will help with the recoveries but not solve the problem - the metallurgy is challenging even with today's advancements. going back to 1986 pressure leaching & find grinding was the key to achieve + 95% recoveries from most of the refractory ores.

That being said i though today's presentation was the first that has made me pick up the pen again..

RT