EXPLORATION & DEVELOPMENT

Feasibility study sinks Middle Island's Sandstone 

MIDDLE Island Resources' updated feasibility study into the proposed redevelopment of its Sandstone gold project has revealed it is marginal in a A$2500 per ounce gold price environment, generating just $4 million.

The Sandstone mill is not going to be redeveloped any time soon

The Sandstone mill is not going to be redeveloped any time soon

The standalone study, based on the company's increased 268,100 ounce open pit resources using a 0.5 gram per tonne cut-off, has found that the easing of the gold price, combined with an escalation of key...

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