Updated Feasibility Study On January 4, 2018 the Company announced the results of an updated positive feasibility study ("the Project") to process the heap leach material and additional open-pit mineral reserves at its Mineral Ridge property ("the Property").
Feasibility study is the final phase of target evaluation based on sound basic data with much greater detail analysis of the property toward development of mine and plant leading to production. All previous estimates are modified and finalized with the availability of every detail on geology, engineering, and economics.
Mining engineering is an engineering discipline that applies science and technology to the extraction of minerals from the earth. Mining engineering is associated with many other disciplines, such as geology, mineral processing and metallurgy, geotechnical engineering and surveying.