Commences feasibility study on low capex DSO operation
Filed with ASX · · 13 pages · English
Summary by 6ix AI
Centaurus Metals Limited has announced the commencement of a feasibility study for a low capital expenditure Direct Shipping Ore operation at its Candonga Iron Ore Project in Brazil, following the submission of necessary mining and environmental licenses. The study aims to confirm the project's potential for a small-scale operation, with initial production targeted for early the following year. Recent diamond drilling results have indicated high-grade mineralization, supporting the feasibility study and an upcoming mineral resource update. The feasibility study is expected to be completed by the end of September, allowing for a final investment decision shortly thereafter.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Centaurus Metals Limited on 6ix
Earlier from Centaurus Metals
- Strong Gold Grades from Trenching Program at Mombuca Project
- Update to Jambreiro Project Development Schedule
- Updated Ore Reserve Estimation - Jambreiro Iron Ore Project
- Suspension
- Substantial Increase in Jambreiro Measured Resource
Later from Centaurus Metals
- Staged Development Plan for Jambreiro 1Mtpa Start-Up
- Updated JORC Mineral Resource for Jambreiro Project
- Clarification of Media Reports
- June 2012 Quarterly Activities Report
- Positive Drilling Results from Canavial Iron Ore Project
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