Boab Metals Sorby Hills Development Update
Key points
- Dismantling of DeGrussa Processing Plant commenced
- Site access roads and processing plant pad complete
- ROM Pad, Tailings Storage Facility cleared ahead of schedule
- Evaporation Pond construction on track
- Updated Ore Reserve and Mine Life Optimisation planned
Full summary
Boab Metals Limited (ASX: BML) has provided an update on the Sorby Hills Silver-Lead Project in the east Kimberley Region of Western Australia. Key developments include the commencement of dismantling the DeGrussa Processing Plant, completion of site access roads and the processing plant pad, and the clearing of ROM Pad, Tailings Storage Facility, and Haul Road corridors ahead of schedule. Construction of the Evaporation Pond is on track. The Project Delivery Plan has been expanded to include an updated Ore Reserve and Mine Life Optimisation, reflecting sustained higher silver prices. Boab expects first production in H2 2027.
Guidance
First production expected in H2 2027
Outlook
Boab Metals anticipates first production from the Sorby Hills Silver-Lead Project in H2 2027, positioning the company to capitalize on strong silver and lead market fundamentals.
Summary generated by a large language model. Please interpret with care.