Metalicity Limited announced that it has commenced the Pre-Feasibility Study (PFS) on the Admiral Bay Zinc Project in Western Australia.
The PFS will focus on the refinement of the preferred PFS pathway, including more detailed evaluation of lower cost development, mining and infrastructure options.
“Development and mining include low-cost, continuous mining methods including longwall mining, aimed at delivering greater production volumes, in a low cost, safer and automated environment,” Metalicity told the ASX.
The company has produced a fly-through on the project which details the potential of automated mining method being applied to the deposit.
Metalicity also announced that it is reviewing the option to introduce a JV partner at is Admiral Bay Project, located in the Canning Basin, WA.
“In parallel to the PFS, Metalicity is undertaking a process to consider introducing Joint Venture partner at Admiral Bay to participate in the PFS process and allow acceleration of the development timeline,” reads the announcement.
“Discussions are advancing with a wide range of industry participants in this regard.”