Base and precious metals explorer PNX Metals reported on Thursday that a scoping study had demonstrated that the Hayes Creek project, in the Northern Territory, was financially robust.
The project was expected to produce 400 000 t/y of ore, containing 13 700 t of zinc in concentrate, 1 290 oz of silver and 14 000 oz of gold. With production slated to start in 2019, the project was estimated to have an indicative mine life of seven years.
