- Write by:
-
Thursday, February 25, 2021 - 1:00:15 PM
-
892 Visit
-
Print
Mining News Pro - Horizon Minerals has completed its final milling campaign from trial mining at the Boorara gold mine in Western Australia, with an updated mineral resource estimate to be released this year.
The company undertook the fourth and final milling campaign at the Lakewood processing facility, located seven kilometres west of the Boorara gold mine.
It involved ore treatment at Boorara’s Regal East trial pit, where 14,962 dry tonnes were processed with a mill reconciled grade of 1.6 grams per tonne of gold.
Horizon poured first gold from the final milling campaign on January 28.
The company stated the aim of the trial mining and toll mining was to determine whether there was “grade uplift potential” from Boorara’s current global resource model.
“The Boorara trial mining and toll milling exercise has provided a greatly improved geological understanding of this complex mineralised system and confirmed the presence of multiple flat lying cross cutting structures that will now be incorporated into an updated resource model,” Horizon managing director Jon price said.
Milling performance averaged 87 tonnes per hour during the trial, which the company described as “excellent”.
“…Testing the ore through a mill gives us real time metallurgical recoveries, reagent consumptions and optimal plant design parameters and costs as we advance the consolidated feasibility study,” Price said.
Horizon produced 1182 fine ounces from the milling campaign, which were sold at $2356 per ounce to generate $2.8 million in revenue.
The company’s full geological and economic summary is slated for release later this quarter, with a mineral resource estimate scheduled for early in the June quarter.
Horizon plans to complete its consolidated feasibility study in the September quarter.
Short Link:
https://www.miningnews.ir/En/News/611574
South African diversified miner Sibanye Stillwater is discussing with lenders to temporarily lift limits on borrowings, ...
Africa-focused Montage Gold announced Thursday it has received a ministerial order granting all environmental approvals ...
Australia will spend A$566 million ($373 million) over the coming decade to map out resource deposits with a focus on ...
Newmont Corp. has no plans to expedite a decision on its $2.5 billion Yanacocha Sulfides project, dashing the Peruvian ...
China’s central bank added 60,000 troy ounces of gold to its reserves in April, official data showed on Tuesday, ...
Gold rose after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the ...
Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in ...
Harmony Gold said on Thursday an employee working on planned rail maintenance had died at its Mponeng mine in South ...
Emerging North American gold producer Contango ORE is boosting its landhold in Alaska with the acquisition of Canada’s ...
No comments have been posted yet ...