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WIN Metals (ASX:WIN) has shared blockbuster news in Week 45, confirming its Butchers Creek project is “viable” through a key scoping study that set up a lengthy mine life and solid production estimates for the explorer.
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“It’s a great outcome considering 12 months ago we purchased this asset for $5 million,” WIN’s managing director Steve Norregaard told The Market Link.
“Definitely,” Mr Norregaard added when asked if WIN is looking to become a gold producer. “This gives us a way forward, justifies the purchase, and gives us something to really get our teeth stuck into now.”
You can watch the full WIN Metals Watchlist interview in the browser above.
(N.B. Gold prices used in the study mentioned through the interview were US$3,500, and the exchange rate in the same mentions was AUD to 65c.)
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