LionOre moves closer to Thunderbox development

LIONORE Australia said today it has commenced project financing discussions for its 60%-owned Thunderbox gold deposit in Western Australia after completing a bankable feasibility study.

The Australian subsidiary of Toronto-listed LionOre Mining International said the project would generate an estimated US$51 million in pre-tax cash flow over an initial five-year life.


  • Top News: Vale Terry Grammer. Read more.
  • Top News: SolGold's relationship with BHP, Newcrest not 'soured'. Read more.
  • Top News: Nickel Mines becomes 'new force in global nickel'. Read more.