DE GREY Mining plans to use high-pressure grinding rollers and pressure oxidation to process at a rate of 10 million tonnes per annum and 800,000tpa respectively at the Mallina gold project in the Pilbara region of Western Australia.
Grinding rollers and POX circuitry coming to this region in the future
The circuit will also entail a gravity component.
The processing route chosen takes into account the refractory nature of some of the mineralisation at the current 10.6 million-ounce venture.
A prefeasibility study due for completion next quarter will reveal the key indicative numbers awaited by the market.
De Grey started the current quarter with A$97 million cash.
Shares in De Grey were up 3% to 98c in morning trade, capitalising the company at just under $1.4 billion.
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