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Project : HILLGROVE PROJECT - GOLD & ANTIMONY RESOURCE

Mining
Underground - including longwall
  Estimated Project Value
$ 15,000,000
Address 25 Km East of Armidale, at
Suburb Hillgrove
State NSW
Council Armidale Dumaresq
Postcode 2350
Project Type Resource - Antimony/Gold/Tungsten
Development Type New
Status Commenced
Stage Contract Let
Ownership Private
Notes
Stoping In Progress Full Production Expected Second Quarter 2008
Commence Date 5/5/2008
Completion Date 6/6/2012
Details
  • Inferred resource is 3.9 Mt @ 5.1 g/t Au & 2% Sb.
  • A deposit of tungsten is also part of the project.
  • The mine is expected to produce 10,000 tonnes of antimony metal, 20,000 ounces of gold and 300 tonnes of tungsten per annum.
  • Prestripping of the decline has commenced and mine services are being re-established.
  • The mine will be a mechanised operation and is a owner mining operation.
  • Construction and operational staff is estimated to be 150 persons.
  • Stoping activities are in progress with the mine expected to reach full production in the June quarter 2008 with in line with plant supply requirements.
  • Approximately 45 000t of development ore has been stockpiled readiness for processing.
 
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