looking like a real opportunity20 Nov 2012 19:51
Development is underway at both Conjecture and New Departure, ideally placing us to commence low cost high grade silver production from both in Q1 | Q2 2013.
"Both the Conjecture and New Departure projects include previously producing
mines with significant high grade mineralisation. Combined, we believe these
projects have the potential to produce up to 500 tonnes per day at low cash
costs. This potential to generate cash from low cost production startups,
provides the Company with an exceptional opportunity to self-fund the
delineation of resources outside the historical workings at both assets. This
is rare amongst mining juniors and I believe sets us apart from our peers.
We are therefore confident we will add value to our proposition as we advance Black Mountain to become a low cost, high grade producer of silver early next year.”