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Wednesday, February 1, 2012

Kentor Gold Clarification to Quarterly Report

As I just mentioned in my post on the Kentor Gold Quarterly Report there had been some discussion about the timeframes for the Burnakura feasibility studies. As chance would have it Kentor have just released a clarification.

The project is planned over two stages. Stage 1 is the expansion and restart of the CIL plant. Stage 2 is the addition of a heap leach operation to treat the low grade ore.

The feasibility study for stage 1 will be completed and released to the market in the next two weeks. Stage 2 of the project will be completed in April 2012.

So there we have it, we can expect another announcement on the Burnakura project very shortly.

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