Kanmantoo numbers firming

HILLGROVE Resources will carry out a $A5 million, six-to-nine month definitive feasibility study at its Kanmantoo copper-gold project in South Australia, following findings that the project could support a 2 million tonne per annum, six-and-a-half year operation with a payback period of less than two years.

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In handing down the results of a pre-feasibility study into Kanmantoo today, Hillgrove managing director David Archer said the project had a net present value (using a 8.

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