Quartalsbericht Tiger:
http://www.goldinvest.de/wp-co…vity_Report_30Jun2010.pdf
HIGHLIGHTS
" Funding secured for Kipoi Stage 1 development
" Approval for commencement of the development of Kipoi Stage 1 development
" Early works commenced at Kipoi site 1 July 2010
" 45% increase in Kipoi Central Resource to 637,000t contained copper
" 31% increase in total Kipoi Project area resources to 841,600t contained copper
" Completion of acquisition of 60% interest in Kipoi Project
" Cash balance at 30 July of A$31.1 million (US$27.8 million)
KIPOI DEVELOPMENT
The following key milestones have now been achieved in respect of the Stage 1 development at Kipoi Central:
" All permits required to commence development now received.
" Detailed capital works budget, project implementation plan and Life of Mine Plan (LOMP) completed, within project economic parameters of the Revised Definitive Feasibility Study (RFDS). The current budgeted capital implementation cost of the Stage 1 development is US$29.4 million.
" Major contracts finalised with MCK Trucks SPRL for the mining activities and with DRA Mineral Projects (Pty) Ltd for Lump Sum Turnkey (LSTK) contract Stage 1 heavy media separation (HMS) plant and infrastructure.