Aurelia looking at funding after Federation study

ASX-listed Aurelia Metals on Monday said it was considering a ‘range of funding options’ for its Federation project, in New South Wales, following a positive feasibility study (FS).

The study was based on the development of an underground mining operation at the Federal deposit, with the ore to be trucked to existing infrastructure at Aurelia’s Peak mill to produce gold dore and separate lead, copper and zinc concentrates, while the remaining ore would be directed to the Hera plant to produce gold dore and lead/zinc concentrate.