Peak cost increases for Aurelia while Nymagee now on hold

MORE bad news has come out of Aurelia Metals with the capital cost of an upgrade at the Peak project in New South Wales substantially increasing from early estimates and the pre-feasibility study for the Nymagee project put on hold due to contaminants in the ore assessed as negatively impacting likely recoveries.

Peak cost increases for Aurelia while Nymagee now on hold Peak cost increases for Aurelia while Nymagee now on hold Peak cost increases for Aurelia while Nymagee now on hold Peak cost increases for Aurelia while Nymagee now on hold Peak cost increases for Aurelia while Nymagee now on hold

Aurelia has had some serious setbacks.

On the plus side, the planned processing plant destination of the Nymagee ore, Hera, is now expected by Aurelia to have ore feed from its own mine "well into 2023" following exploration success.

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