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Project : PAULSENS GOLD PROJECT

Mining
Underground - including longwall
  Estimated Project Value
$ 52,500,000
Address 180 km west of
Suburb Paraburdoo
State WA
Council Ashburton
Postcode 6754
Project Type Minesite
Development Type New
Status Commenced
Stage More Than Half Way Through But Not Yet Completed
Ownership Private
Notes
Production In Progress
Commence Date 5/6/2005
Completion Date 3/6/2010
Details
  • A high grade shallow underground mine including 250,000 Tpa CIL plant.
  • Gold production was 488,260 tonnes @ 7.94 g/t for 117,266 ounces of gold since June 2005.
  • Production is expected to be 75-80,000 ounces of gold per annum.
  • Measured and Indicated resource is 1,105,000 tonnes @ 10.7 g/t for 379,700 ounces of au and inferred resource is 122,000 tonnes @ 9.3 g/t for 36,300 ounces of au.
  • M08/99 M08/196.
  • Capital development, mine property & development and plant & equipment expenditure for 2007-2008 will be $4.4 million.
 
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