The most important thing first: After further analysis of the drill cores of the Phase 2 exploration-drilling-program, the main zone of the deposit is significantly expanding!
This means that the proposed future open pit mining area can be significantly larger than originally expected. Also these drilling results still show mineable grades of ore. With the additional size of the deposit, many million euros of additional future revenues should be possible.
In addition, there should be additional significant exploration potential between, below and along the strike from the existing mineral resources. Based on this there is an additional chance to expand the project size furthermore.
In addition to this extremely positive news, we are pleased to announce that the project company has been able - plus to the high quality business partners and service providers already in place - to attract more world-leading experts for the development and realization of this mining project. Involved are for example
- PwC PricewaterhouseCoopers https://www.pwc.com
- CSA GLOBAL https://www.csaglobal.com
- SGS https://www.sgs.com
- METSO OUTOTEC https://www.mogroup.com
- ERM GROUP https://www.erm.com/industries
The involvement of these top-class teams and companies is a testimony of the absolutely professional project approach and expertise of the mining company's management and another milestone in the realization of this exciting project.