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Mining Weekly reported ENK (LSE:ENK,ASX:ENK) is seeking a strategic partner to fund the development of its proposed Acoje project in the Philippines.
Mining Weekly reported ENK (LSE:ENK,ASX:ENK) is seeking a strategic partner to fund the development of its proposed Acoje project in the Philippines.
As quoted in the market news:
The ASX- and Aim-listed company was currently working to complete a definitive feasibility study for the Acoje project, with detailed testwork and design programmes on the leaching and solid liquid separation now being reviewed for final costing and write-up.
The miner would run a parallel costing exercise with Chinese engineering firms, which it said would more likely and realistically estimate costs for construction in the Philippines.