Preparation of comprehensive technical and economic reports and project data as per requirements of Western financial institutions for the project financing purposes;
Final validation of technical and economical feasibility and viability of the project;
Generation of data sufficient for detailed design, detailed engineering drawings and construction of the project facilities.
Bulk locked cycle testwork is expected for completion in July 2019.
Environmental and Social Impact Assessment is expected for completion in Spring 2020.
DFS Stages:
Detailed design based on selected optimum scenario for the project development;
Detailed mine design including year-by-year mine development plan, optimum process flowsheet and mine and processing plant production plan;
Geotechnical and hydrogeological surveys;
Selection of representative small size processing samples as per lithological domains and bulk processing samples for pilot plant testwork;
Project production area general layout including infrastructure;
Detailed layout of the mine site including drawings, plans and cross sections;
Detailed design of power and water supply facilities and distribution plan;
Construction plan including schedule and budget;
CAPEX evaluation based on quotation and netcost projections;
Financial analysis;
Marketing studies.
Pre-Feasibility Study (PFS)
Pre-Feasibility Study was completed in 2015.
PFS Objectives:
Development of Pre-Feasibility Study as per international standards based on JORC-compliant Mineral Resource and Mineable Reserve Estimate; establish various scenarios for the project development and select an optimum scenario based on technical and economical considerations including:
Implementation of processing testwork on representative drill-hole samples and beneficiation process tradeoff study;
Mine design and mine development tradeoff study;
Partnering with strategic investors for financing and development of the project as well as IPO.
PFS Stages:
JORC or NI-43101 compliant mineral resource and ore reserves estimate;
Infill exploration, 3D geological modelling; a mine development design and a mine production schedule preparation;
Representative process sample selection;
Laboratory process testwork;
Key design criteria definition;
Metallurgical balance, definition and selection of major equipment;
Process flowsheet design;
TSF preliminary design;
ESIA studies at PFS level;
Project area, mine and smelter complex general layout;
