FinTechFunding

3D Resources: Proceeds with onsite processing at Adelong

  • 3D Resources has resumed with plans to process mullock waste dumps at its Adelong Gold Project in New South Wales
  • In June this year, 3D was undertaking a strategic review of the Adelong Project in hopes to restart production
  • The company conducted a strategic review which also aimed at restarting production and generating near-term cash flow
  • Originally, 3D was investigating the potential for shipping material to a carbon-in-leach processing facility
  • While the company has not completely ruled out shipping to an offsite facility, 3D says upgrading its plant will be more profitable in the long term
  • Company shares are up 8.33 per cent and are trading for 0.7 cents
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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