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This is an interesting play finicky. Dig up stuff under old mines and cart it to someone else's mill for processing.

Is this actually a good plan?

Maybe they should hire some Uber drivers to move the ore. UberGold.

Mineral Processing

Kingwest Resources has had preliminary discussions with multiple parties regarding the potential future treatment of the mined material in order to estimate toll treatment milling options and costs. A review of recent toll treatment terms was also conducted by independent consultants GDL Pty Ltd on behalf of KWR for the Eastern Goldfields locality, that includes Menzies, to estimate reasonable toll treatment options and costs for the Menzies resources. A unit treatment cost of $44/t has accordingly been applied in this study. Additional to this the state gold royalty (2.5% of gross revenue) and a gold refining cost of $15/oz has been applied to generate the Net Revenue figure.

Material Cartage

The mined material from the eight open pits will be hauled to four ROM pads located along strike within 7km north/south. Mine geologists will designate the material classification during mining and material dumped separately into HG, MG and LG stockpiles. The ROM storage pads will all be located within 500m from the Goldfields Highway with access provided by well-maintained dirt roads. The study plans for a separate cartage contractor to be engaged providing machines and manning to achieve the outlined delivery schedule. The most likely employed haulage machines will be road trains with four side tipper trailers capable of a payload of 125t per trip and an average speed of 80km/hr.

The study has assumed an average cartage distance of 100km with an estimated unit cartage rate of $11/Wmt plus fuel ($12.75/Wmt including fuel). It is assumed the material cartage will be carried out on a continuous 24 hours basis with drivers on a two weeks on one week off roster. Each employed road train will be capable of four trips per 12 hr shift and 30kt per month. A maximum monthly cartage rate of 210kt/mth has also been applied assuming no more than seven road trains are being employed for any single period.

<blockquote data-quote="Sean K" data-source="post: 1115909" data-attributes="member: 3610">This is an interesting play finicky. Dig up stuff under old mines and cart it to someone else&#039;s mill for processing.Is this actually a good plan? Maybe they should hire some Uber drivers to move the ore. UberGold. Mineral Processing Kingwest Resources has had preliminary discussions with multiple parties regarding the potential future treatment of the mined material in order to estimate toll treatment milling options and costs. A review of recent toll treatment terms was also conducted by independent consultants GDL Pty Ltd on behalf of KWR for the Eastern Goldfields locality, that includes Menzies, to estimate reasonable toll treatment options and costs for the Menzies resources. A unit treatment cost of $44/t has accordingly been applied in this study. Additional to this the state gold royalty (2.5% of gross revenue) and a gold refining cost of $15/oz has been applied to generate the Net Revenue figure. Material Cartage The mined material from the eight open pits will be hauled to four ROM pads located along strike within 7km north/south. Mine geologists will designate the material classification during mining and material dumped separately into HG, MG and LG stockpiles. The ROM storage pads will all be located within 500m from the Goldfields Highway with access provided by well-maintained dirt roads. The study plans for a separate cartage contractor to be engaged providing machines and manning to achieve the outlined delivery schedule. The most likely employed haulage machines will be road trains with four side tipper trailers capable of a payload of 125t per trip and an average speed of 80km/hr. The study has assumed an average cartage distance of 100km with an estimated unit cartage rate of $11/Wmt plus fuel ($12.75/Wmt including fuel). It is assumed the material cartage will be carried out on a continuous 24 hours basis with drivers on a two weeks on one week off roster. Each employed road train will be capable of four trips per 12 hr shift and 30kt per month. A maximum monthly cartage rate of 210kt/mth has also been applied assuming no more than seven road trains are being employed for any single period.</blockquote>

[QUOTE="Sean K, post: 1115909, member: 3610"] This is an interesting play finicky. Dig up stuff under old mines and cart it to someone else's mill for processing. Is this actually a good plan? Maybe they should hire some Uber drivers to move the ore. UberGold. [B]Mineral Processing [/B] Kingwest Resources has had preliminary discussions with multiple parties regarding the potential future treatment of the mined material in order to estimate toll treatment milling options and costs. A review of recent toll treatment terms was also conducted by independent consultants GDL Pty Ltd on behalf of KWR for the Eastern Goldfields locality, that includes Menzies, to estimate reasonable toll treatment options and costs for the Menzies resources. A unit treatment cost of $44/t has accordingly been applied in this study. Additional to this the state gold royalty (2.5% of gross revenue) and a gold refining cost of $15/oz has been applied to generate the Net Revenue figure. [B]Material Cartage [/B] The mined material from the eight open pits will be hauled to four ROM pads located along strike within 7km north/south. Mine geologists will designate the material classification during mining and material dumped separately into HG, MG and LG stockpiles. The ROM storage pads will all be located within 500m from the Goldfields Highway with access provided by well-maintained dirt roads. The study plans for a separate cartage contractor to be engaged providing machines and manning to achieve the outlined delivery schedule. The most likely employed haulage machines will be road trains with four side tipper trailers capable of a payload of 125t per trip and an average speed of 80km/hr. The study has assumed an average cartage distance of 100km with an estimated unit cartage rate of $11/Wmt plus fuel ($12.75/Wmt including fuel). It is assumed the material cartage will be carried out on a continuous 24 hours basis with drivers on a two weeks on one week off roster. Each employed road train will be capable of four trips per 12 hr shift and 30kt per month. A maximum monthly cartage rate of 210kt/mth has also been applied assuming no more than seven road trains are being employed for any single period. [/QUOTE]

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