Similar Projects Cordell Reports On
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Project : MOUNT READ PROJECT - GOLD/BASE METALS PROJECT
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Mining
Exploration - Drilling
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Estimated Project Value
$
10,000,000
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Address
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East of
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Suburb
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Zeehan
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State
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TAS
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Council
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West Coast
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Postcode
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7469
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Project Type
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Resource - Gold/Base Metals
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Development Type
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New
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Status
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Early
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Stage
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Early Planning
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Ownership
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Private
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Notes
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New Developer Named
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Commence Date
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1/6/2008
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Completion Date
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6/6/2012
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Details
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Resource estimate is 180,000 tonnes grading 11.0% Pb, 4.0% Zn, 0.2% Cu and 11.0 oz/ton Ag.
- The estimate has beeen calculated from studies of old mine production and drilling records.
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EL47/2003, EL48/2003 and 55/2004.
- Lakeside, Mount Farrell.
- Land Area: 140 Sqkm.
- A Scoping study was conducted by Saracen and it comprised a drilling programme, shaft refurbishment studies, hydro-geological and geo-technical studies, and costing studies.
- Saracen have sold the project to Bass Metals Ltd.
- Yhe project adjoins Bass metals Helleyer Project.
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