St Barbara (ASX:SBM) said evaluation work on an alternative design approach for the processing of ore from its Cochrane Hill gold project in Canada identified the potential to expand the proposed 15-Mile processing facility, according to a Wednesday Australian bourse filing.
The evaluation identified a processing capacity of 3 million tonnes per annum, compared with the 2.1 million tonnes per annum expected in the 15-Mile and Beaver Dam pre-feasibility study.
The preferred scenario involves trucking ore from the Cochrane Hill project to the 15-Mile process plant, along with the 15-Mile and Beaver Dam ore feed, using a quarry-style configuration.
It modeled over 15 scenarios to refine mine-to-mill optimization for the project.
To accommodate the larger combined feed of all three projects, an expansion of the proposed 15-Mile processing facility would increase the mill throughput.
The company said it will continue to evaluate the proposed design changes in the third and fourth quarters of fiscal 2025, aiming to design an integrated project that supports annual gold production of 100,000 ounces per annum or more.
St Barbara's shares fell almost 7% in early trading on Wednesday.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。