https://www.miningweekly.com

Copper Hill viable - Golden Cross

15th April 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Copper/gold explorer Golden Cross Resources is set to launch a prefeasibility study on its Copper Hill project, in New South Wales, after its scoping study came up positive.

The junior ASX-listed company on Wednesday revealed that the scoping study had considered a two- and three-million-tonne-a-year development scenario, based on the 28-million-tonne-a-year higher grade resource defined at the project.

Yearly strategic schedules were generated for both the two-million and three-million tonne-a-year throughput options, and provided mine lives of 13 and 9 years respectively.

Furthermore, the scoping study estimated a capital cost of A$130.5-million for the two-million-tonne-a-year development scenario, while the larger project would require a A$163.5-million investment.

Mining costs for both development scenarios have been estimated at A$4.06/t.

Edited by Creamer Media Reporter

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.099 0.145s - 92pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: