https://www.miningweekly.com

Dalradian continues to move Northern Ireland project towards production

19th March 2018

By: Creamer Media Reporter

     

Font size: - +

JOHANNESBURG (miningweekly.com) – With the planning application for the Curraghinalt mine submitted, dual-listed Dalradian Resources’ primary goal is to progress the Northern Ireland project to production.

This goal will be advanced this year through drilling, engineering and geological studies, as well as environmental and permitting activities, the company said on Monday in its December quarter results announcement.

Dalradian has scheduled the release of a mineral resource update for Curraghinalt in the second quarter, followed by an updated feasibility study during the third quarter.

"Curraghinalt, one of the world's best undeveloped gold projects, continues to move towards production. We are nearing completion of our infill drilling program and preparation of a resource update, which will then feed into an updated feasibility study,” president and CEO Patrick Anderson commented.

The 2018 work programme is expected to include up to 14 000 m of step-out drilling at the Curraghinalt deposit, up to 10 000 m of regional drilling and continued exploration of the company's land package through sampling across the licence areas.

Permitting activities will include preparation and submission of applications for ancillary permits and consents and expanded stakeholder relations activities to support the planning application.

Dalradian’s budget for 2018 is about $49-million for all operational activities in Northern Ireland and Canada, including general and administrative costs.

Working capital at December 31, 2017 was about $132-million, supporting its plans for the Curraghinalt project.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

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

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 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:0.135 0.172s - 88pq - 2rq
Subscribe Now