The Nex Metals - Well placed for success
Kookynie Gold Project 100% owned with reported resource 22.38 Mt for 769,000 ounces gold (see ASX announcement 1 Aug 2011)
The project has robust economics with annual production potenital of in excess of 100,000 oz Au / pa.
With its central location close to infrastructure, the company is targeting mid tier gold production and long mine life potential.
Camp accommodation, Administration buildings, power, internet, Vehicles and Bore water in place.
On 16 March 2012- Nex announced news of the first gold poured from production at the Kookynie Gold Project.