HGO 1.79% 5.5¢ hillgrove resources limited

News: HGO Hillgrove Resources Updates To Rock Fall Which Occurred On 19 Dec 2018, page-6

  1. VYR
    819 Posts.
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    Getting as much ore out of Nugent as they can while the PHES is being constructed and before the turbines are commissioned could make sense.

    All they need is enough to keep the wheels turning and cash flowing until they can get some of the resources  that are clear of the PHES into reserves with an approved and permitted mine plan.

    Looks like we still have enough ore from the giant pit to keep the plant busy into the third quarter of 2020


    There will also be a decent volume of material to be removed for the PHES shaft and underground chamber. Maybe that could be designed to recover some decent grade stuff. 



 
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