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Shefa Yamim (A.T.M.) Ltd.
Summary
| Project: | Kishon River | |
|---|---|---|
| Deposit: | Kishon Mid-Reach | |
| Location: | Israel | |
| Commodities: | Diamonds-Sapphire-Ruby-Silica-Hibonite | |
| Date: | 2/6/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Scoping Study | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-2-2019: Shefa Yamim (A.T.M.) Ltd. announces a Scoping Study report for its Kishon Mid-Reach deposit at the Kishon River project. Technical economic evaluation results incl. US $26/t operating cost and 11yr LOM at the project. Shefa Yamim (LSE: SEFA), a | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Shefa Yamim (LSE: SEFA), a precious stone exploration and prospecting Company in Northern Israel, is pleased to announce that the Technical Economic Evaluation ('TEE') of the Kishon Mid-Reach project has been issued. This report was compiled by Paradigm Project Management ('PPM'), which led the breakthrough mine and processing plant design for Lucara Diamonds Inc at Karowe Mine (formerly the AK6 project) and more recently for Newfield Resources on the Tongo diamond project in Sierra Leone. The CEO of PPM Jeremy Clarke was also a former CEO of Gemfields plc and Consulting Metallurgist for De Beers. The main requirement of this TEE was to determine the potential technical parameters for the Kishon Mid Reach Zone 1 Precious Stones Alluvial Project and then complete a high-level conceptual study to derive the possible capital expenditure estimate and operating cost budget which would be used to assess the required in-situ value of this precious stones exploration target to ensure a financial return on investment. | |
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