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GBM studying heap leach potential

GBM Resources’ proposed Eugenia heap leach project looks good on paper after scoping work estimated a development with a capital cost of $A8.3 million could generate pre-tax operating cashflow of more than $22 million.

Michael Quinn
GBM studying heap leach potential

The project, located 250km west of Mackay in Queensland, is seen as bankrolling additional exploration that ultimately leads to the development of a conventional CIL operation. GBM wants to begin production...

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