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Project : GOLDEN WEB - GOLD

Mining
Open Cut
  Estimated Project Value
$ 1,000,000
Address Located near
Suburb Coolgardie
State WA
Council Coolgardie
Postcode 6429
Project Type Mine - Open Cut/Treatment Plant
Development Type New
Status Firm
Stage Contract Let
Ownership Private
Notes
Contract Let Pending Final Documentation Work To Commence 20 November 1995 Subject To Obtaining Necessary Approvals
Commence Date 4/11/1995
Completion Date 1/6/1997
Details
  • Results from earlier drill work include 8m (from 40m) grading 12.0gpt gold.
  • A resource of about 150,000t grading 4.5gpt gold has been identified (to 45m) which is essentially supergene enrichment.
  • Contract period of approximately 6 months is envisaged & will involve haulage of ore to Norris plant 4 km distant.
  • Following purchase of the Norris project total reserves for area now stand at 670,000t grading 3.98gpt gold.
  • The 350,000tpa oxide processing plant will be utilised for this project.
  • Minimal plant modifications only (less than $50,000) & no additional infrastructure required for this site.
  • Additional drilling is planned for the area.
  • Stage 1 open pit designed to mine a reserve of 177,000t at 3.1gpt gold (to 50m).
  • Associated Norris Plant rptd Issue 38/95 Plnng Secn, I.D.
  • 6-45940.
  • Brambles Manford quoting on the haulage component of contract.
 
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