RE: Major development4 Oct 2019 03:15
More from newcrest
Further drilling is required to confirm the possibility of a high grade underground mine.
If successful, the high grade ore extracted from the mine could be transferred to Telfer, which could materially improve
its All-In Sustaining Cost per ounce and increase its mine life.
Telfer is the largest processing facility
in the highly prospective Paterson Province,
the province in which the Havieron tenement is located. With sufficient capacity and capability to process other discoveries, Newcrest believes the Paterson province presents significant additional opportunity for Telfer in the future.
Newcrest has commenced drilling at Havieron and initial drilling results have been encouraging.
Sounds to me that they are saying there are more than just Havieron to process at telfer.
BTB