Kingwest Resources Ltd's (ASX:KWR) Ed Turner talks Proactive's Andrew Scott through its recently released scoping study for the Menzies gold project in Western Australia based on open pit mining and third-party toll treatment of resources. The study presents a strong economic case for recommencing open cut mining there with the total net revenue for the project estimated at $330 million using gold prices of A$2,300 per ounce and 95% recovery.
Kingwest Resources highlights 'profitable and low-risk' open pit operation at Menzies gold project