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Project : TWIN HILLS GOLD MINE - RESOURCE

Mining
Underground - including longwall
  Estimated Project Value
$ 22,000,000
Address South of Charters Towers via
Suburb Homestead
State QLD
Council Charters Towers Regional
Postcode 4816
Project Type Mine - Gold
Development Type New
Status Deferred
Stage More Than Half Way Through But Not Yet Completed
Ownership Private
Notes
Mining Operations To Be Suspended March 2007
Commence Date 3/3/2005
Completion Date 7/3/2007
Details
  • Resource estimate is 214,000 tonnes @ 10.9 g/t for 75,000 ounces of gold.
  • Underground Area 1 of the mine has been mined out and Area 2 remains.
  • In 2006, 36,574 tonnes @ 15 g/t has been mined.
  • EPM 8963.
  • Mining operations will be suspended by March 2007 and ore from Area 2 will be processed.
  • The company has appointed an administrator.
 
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