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Compared to the May 2019 original Feasibility Study, the new optimised plan has a new mining schedule with a reduced environmental footprint, reflects an increase in the production rate from 500 Ktpa to 600 Ktpa, includes the mining of several old mine waste rock dumps and increases the overall mine operational flexibility.
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A detailed summary of the Optimised Feasibility Study April 20, 2020 may be viewed via the ASX Announcement.
All numbers in USD and financials based on USD 1,500oz gold price and 16.00 ZARUSD.
The optimised mine schedule has reduced initial overburden removal by mining smaller pits and also has improved revenue streams as a result of increased ZAR gold prices.
The optimised study reflects strong project economics and commercial viability across a range of gold prices. The new mine schedule significantly enhances all the project economics despite a reduction in the LoM grade.
Sep 15, 2020nbsp018332The Grassy Mountain Gold Project contains a gold-silver deposit 100 located on private land for which results of a positive Pre-Feasibility Study have been released and.
All-in-sustaining-costs are expected to be US851oz for life of mine production of 561 000 oz of gold.
Sanbrado has an initial 10-year mine life, including 6.5 years of underground mining. Strong early cashflow and a rapid payback of capital at US1300oz gold. An optimised feasibility study for Sanbrado completed in April 2019 at US1300oz confirmed.
Bibiani is a key growth asset for the company, and the completion of the feasibility study and the establishment of our first ore reserve at the project is an important milestone. We are delighted with the results of the study which demonstrate a viable development plan for Bibiani, competitive costs, and excellent upside potential.
Jun 05, 2020nbsp018332mining and toll treatment project for its 100 owned Tick Hill Gold Project. Cautionary Statement The Pre-Feasibility Study Study referred to in this announcement has been undertaken to determine the technical and economic viability of an open pit cutback mining operation and re-processing of tailings, processing the ore by toll.
Apr 26, 2020nbsp018332ASX-listed Theta Gold Mines has released a new optimised mine schedule for its Theta open-pit starter project that adds 40 000 oz of gold over the feasibility study released in May 2019. The new mine schedule significantly improves the metrics of the project over the May 2019 feasibility study, has a reduced environmental footprint, reflects an increase in the production rate from 500 000 tpa
VANCOUVER, B.C. Pure Gold Mining Inc. PGM TSX-V Pure Gold or the Company is pleased to announce results of an independent Feasibility Study FS on its 100-owned Madsen Gold Project Madsen in the Red Lake mining district of Ontario, Canada. The Feasibility Study outlines a robust 12-year high grade, 800
TORONTO, June 17, 2020 GLOBE NEWSWIRE -- African Gold Group, Inc. TSX-V AGG AGG or the Company is pleased to provide a National Instrument 43-101 Standards of Disclosure for Mineral Projects NI 43-101 compliant updated mineral resource and reserve estimate and results of the definitive feasibility study DFS for the Companys Kobada Gold Project the Kobada Gold Project located in southern Mali.
The Kobada Gold Project is located in southern Mali, approximately 125 km in a straight-line south-southwest of the capital city Bamako, and is situated adjacent to the Niger River and the international border with Guinea.
Gold mineralization is present in the laterite, saprolite, and quartz veins that comprise the project, and in the sulphidic hard rock underneath. There are also placer style deposits in the region.
Before choosing a location to start TTK174 Gold Mining Company, we conducted thorough market survey and feasibility studies in order for us to penetrate the available market in the United States of America. We have detailed information and data that we were able to utilize to structure our business to compete with other gold and silver mining
African Gold Group, Inc. TSX-V AGG AGG or the Company announced updated mineral resource and reserve estimate and results of the definitive feasibility study DFS for the Companys Kobada Gold Project the Kobada Gold Project located in southern Mali. Highlights include Average annual production of 100,000 ounces of gold per annum for the first 5 years of operation.
Between 2007 and 2014 Dr Jones served variously as Technical and Managing Director of Liontown Resources and Chalice Gold Mines responsible for exploration projects in Australia, Canada and Eritrea, the latter including the completion of exploration and feasibility studies on the Zara Gold Project before its sale to Chinese interests.
Home Africa Imweru gold expand pre-feasibility study. Imweru gold expand pre-feasibility study. EAM News November 27, 2017 Africa, The East African Mining News is a premier source of news on mining developments in East Africas most important emerging industry.
ASX-listed aspiring gold mine developer, Tietto Minerals, has reached a major gold resource milestone and says it has only scratched the surface at its Abujar gold project in Cte dIvoire, West Africa. The Perth-based company posted a whopping 40 per cent or 870,000-ounce increase in the projects combined inferred and indicated resource inventory to 3 million ounces of gold.
The expanded overall gold resource for the Abujar project of 81.2 million tonnes of ore going 1.2 grams per tonne gold for 3.02 million ounces of contained gold is up from 45.49 million tonnes at 1.5 gt for 2.15 million ounces of contained gold.
Yaoure gold project is a high-grade gold mine being developed by Australia-based company Perseus Mining in Cote dIvoire. The definitive feasibility study DFS for the project was completed in November 2017, while the front-end engineering and design FEED study was completed in October 2018.
Tiettos significant gold resource uplift at Abujar has come on the back of a massive, 61,000m diamond drilling campaign that has been carried out there since November last year.
We have only scratched the surface with 11.5km of strike tested on the Abujar main shear delivering 3.02Moz. We expect this fertile structure to continue to underpin future resource growth as we drill test more than 8.5km of strike north and south of AG and APG in 2021.
Tietto is hoping to release the results of a pre-feasibility study on the potential development of a 3.5-million-tonne-per-annum open-pit mining and conventional gold processing operation at Abujar in the March quarter next year, another updated global mineral resource estimate in the subsequent quarter and a definitive feasibility study in the September 2021 quarter.