Heavy Minerals (ASX: HVY) unveils ‘robust’ scoping study for Port Gregory garnet project (w/ Adam Schofield)

Heavy Minerals (ASX: HVY) non-executive chairman Adam Schofield joins Small Caps to discuss the company’s robust scoping study for its proposed Port Gregory garnet and ilmenite operation. The study reveals a low capex requirement of $110 million to develop the project, which would bring in life of mine revenue of almost $1.6 billion over 16-years. Heavy Minerals will progress the project through a pre-feasibility study and is already in preliminary discussion with brokers regarding financing options. Article:https://smallcaps.com.au/heavy-minerals-reveals-robust-garnet-economics-port-gregory-scoping-study/ For more information on Heavy Minerals:https://smallcaps.com.au/stocks/HVY/See omnystudio.com/listener for privacy information.