Georgian are developing two copper, gold orebodies in preparation for mining ore in Georgia this year. The company benefits from access to capacity at the Madneuli plant run by its local joint venture partner. The use of a local contractor for mining the open pit at Kvemo Bolnisi and short 7km trucking distance to the Madneuli plant means that the project should be quick to start at relatively low capital cost
27 Apr 2017
Exceptional drilling result show: 16m at 15.4% cu inc. 5m at 40.5% cu
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Exceptional drilling result show: 16m at 15.4% cu inc. 5m at 40.5% cu
Georgian Mining (GEO:LON) | 0 0 (-3.5%) | Mkt Cap: 1.87m
- Published:
27 Apr 2017 -
Author:
John Meyer | Sergey Raevskiy | Simon Beardsmore -
Pages:
5
Georgian are developing two copper, gold orebodies in preparation for mining ore in Georgia this year. The company benefits from access to capacity at the Madneuli plant run by its local joint venture partner. The use of a local contractor for mining the open pit at Kvemo Bolnisi and short 7km trucking distance to the Madneuli plant means that the project should be quick to start at relatively low capital cost