CAPITAL MARKETS

Metex, Placer to begin Whisper trial pit

METEX Resources and its Laverton joint venture exploration partner Placer Dome have commenced work on the $5.6 million development of the Whisper trial pit, with the first ore to be mined in November.

Brad Ricks

Metex, Placer to begin Whisper trial pit

The project will be conducted in three stages to create a 100,000 tonne pit expected to yield about 10,000oz of gold. At the current gold price of around US$345/oz, Metex has predicted an overall operating...

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