Arizona Metals

Gascoyne Resources: Dalgaranga Construction Update - 2 Months to First Gold

West Perth, WA / March 19, 2018 / JMN Wire / Gascoyne Resources Limited (ASX: GCY) (“Gascoyne” or “Company”) is pleased to provide an update on construction activities at the Company’s Dalgaranga Gold Project, which contains a Measured, Indicated and Inferred Resource of 31.1Mt @ 1.3 g/t for 1,320,000 ounces of contained gold, which is inclusive of Proved and Probable Ore Reserves of 15.3Mt @ 1.3 g/t for 612,000 ounces of gold (see Figures 1 & 2 and Tables 1 & 2 below).

Highlights

  • Process plant construction is +90% complete and on schedule for wet ore commissioning and first gold in May. Key activities include:
    • SAG Mill - installation well advanced.
    • Crusher - installation well advanced.
    • Installation of mechanical equipment – well advanced.
    • Electrical installation – underway.
    • Water Services – commissioned & handed over to the operations team
  • Airstrip - completed & fully operational.
  • Power Station and LNG storage facilities – on schedule for commissioning in mid-April.
  • Mining has commenced with mining at Sly Fox, Gilbeys and Golden Wings underway.
  • Ore mining at Sly Fox has commenced with the ROM stockpile being developed prior to commencement of processing in May
  • Drill & Blast activities underway at Golden Wings – first blast completed on 16th March.

Gascoyne Resources Limited 3 19 2018

GET DAILY NEWS FLOW

Sign Up To Receive All Morning
News To Your Email Inbox

Please review our Disclaimer and Privacy Policy before subscribing.

Bunker Hill Mining

Bunker Hill Mining

Bunker Hill Mining has the exclusive lease and option to purchase the Bunker Hill Mine- a large scale resource and patented land package located in Northern Idaho’s prolific Silver Valley. With the arrival of a new leadership team in 2020 with the intent to verify, explore and develop its untapped higher-grade silver potential using the most modern analytical, exploration, mining and processing techniques, the Bunker Hill mine is poised for a second profitable and... LEARN MORE