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Explorer, Golden Cross Resources, (ASX: GCR) has told shareholders that it is looking to start up its Copper Hills project in New South Wales in a staged build up of development to minimise up-front costs.
The company plans to develop Copper Hills near Molong on an initial mining rate of between 2-3 million tonnes per annum, and a staged build-up that could see selective high grade mining and low grade stockpiling in the early years.