Tombola in a rush to start mining

TOMBOLA Gold will spend $500,000 to refurbish and recommission True North Copper’s dormant Great Australian gold production plant near Cloncurry in Queensland, to bring forward first production from the Golden Mile deposit while the Lorena plant is being refurbished.

Tombola in a rush to start mining Tombola in a rush to start mining Tombola in a rush to start mining Tombola in a rush to start mining Tombola in a rush to start mining

Having a blast at Mt Freda

As part of a signed binding term sheet Tombola will work toward recommissioning the plant within 12 weeks and then lease the plant from True North for six months at a cost of $110,000 per month.