Wednesday April 5, 2023
Volume 38 No. 11
$1 inc. GST
The Cobar Weekly Seniors celebrate Seniors Week Pg 2
Long process to re-open Endeavor
Cobar was buzzing with the news last week the Endeavor Mine would be sold after Polymetals Resources Ltd announced it had entered into a sale agreement with Orana Minerals. And while there was plenty of excited anticipation that new jobs would be created, Polymetals Executive Chairman Dave Sproule told The Cobar Weekly a possible mine re-start would still be a long way off. “Our motto is to hasten slowly,” Mr Sproule said. He said the aim was to bring the Endeavor Project back on-line on a measured basis once sufficient ore reserves were established to support long-term production. “An explorations and remodeling exercise has to be done first. We have no intention of starting the project too soon without having sufficient reserves ahead of us to support the operation in the future,” he said. “We’d like to demonstrate sufficient ore reserves to give us at least five to 10 years mine life. “It’s going to take some time to demonstrate. “There is remnant resources within the mine, but they need to be re-modelled, and mining methods also, to see what might actually be extracted from the mine “We will also be focusing on precious metals, gold and silver, so we’re looking very keenly at the geology at the deposit and we’re also looking very keenly at the regional exploration,” he said. “The project takes in 1,100km² of exploration licences and there’s about 50 years of exploration history within that licensed area,” he said. Continued Page 2.
Election count almost complete Pg 3
Cobar Police Station welcome new staff Pg 4
CPS hold egg-citing disco
Cobar Public School held an Easter Disco at the school last Wednesday night and from all reports the kids had an egg-citing time! Pictured are Kinder students Liza Olsen and Bailey Griffiths enjoying their first school disco and also the Easter treats on offer. ▪ Photo contributed
