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Korab Resources Provides Update on Gold at Winchester Project
Mar. 30, 2016 03:25PM PST
Magnesium InvestingKorab Resources (ASX:KOR) provided an update regarding the discovery of gold at its Winchester magnesite project. The company has received numerous statements of concern that the precense of gold may interfere with development or operations at Winchester.
Korab Resources (ASX:KOR) provided an update regarding the discovery of gold at its Winchester magnesite project. The company has received numerous statements of concern that the precense of gold may interfere with development or operations at Winchester.
As quoted in the press release:
Korab would like to report that the preliminary results of the assessment (which is part of the normal mine planning and put optimization and which is ongoing) confirm that there appears to be no risk of adverse impact of the presence of gold on the speed of the development, or on the capital and operating costs of the Winchester mine.
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