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Project : MOUNT READ PROJECT - GOLD/BASE METALS PROJECT

Mining
Exploration - Drilling
  Estimated Project Value
$ 10,000,000
Address East of
Suburb Zeehan
State TAS
Council West Coast
Postcode 7469
Project Type Resource - Gold/Base Metals
Development Type New
Status Early
Stage Early Planning
Ownership Private
Notes
New Developer Named
Commence Date 1/6/2008
Completion Date 6/6/2012
Details
  • 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.
  • 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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