Engineering studies into increasing mill throughput are pointing to the opportunity for Caravel Copper to boost annual production at its potential large-scale and long-life project in Western Australia’s Wheatbelt.
Caravel is conducting final evaluation work on the proposed lift in mill throughput to 13.9Mtpa, from 12Mtpa in its 2021 scoping study, equating to about 5,000tpa additional copper in concentrate for 40,000tpa in stage 1 and 61,000tpa in stage 2.
Caravel had planned to complete its PFS on the project 150km NE of Perth by end-March, but says the additional evaluation plus slow laboratory turnaround of some metallurgical studies have delayed it until May.