https://www.miningweekly.com

Dalradian development stope produces 35% more gold than foreseen in resource model

9th December 2016

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

Font size: - +

VANCOUVER (miningweekly.com) – TSX- and Aim-listed Dalradian Resources has produced 35% more gold from the third test stope at its Curraghinalt gold project in Northern Ireland, than predicted in the June resource estimate.

Toronto-based Dalradian explained that the third stope is located on the V-75 vein, complementing two previous test stopes in the same area. The stope was used to validate the long-hole mining method on a relatively shallow dipping (50° to 55°) portion of the vein in comparison to stopes 1 and 2, which have dips of 73° and 76° respectively.

Stope 3 attained an average width of 1.8 m, with estimated dilution to the designed stope of 64% and removal of an estimated 303 oz of gold at a grade of 9.41 g/t from 1 001 t of ore.

"I am particularly pleased with the results from the third stope. This demonstrates our ability to long-hole stope veins at the shallow end of the range that we are likely to encounter at this deposit,” stated COO Eric Tremblay.

He added that the dilution was lower than predicted by the resource model and resulted in a diluted grade of 9.41 g/t gold. Except for a single wedge failure in the footwall at the end of mining, Stope 3 remained open without support for several weeks. This indicates that the engineering team can easily manage dilution from the footwall by using simple low cost methods such as cable bracing,” Tremblay said.

Curraghinalt hosts a Canadian National Instrument 43-101-compliant resource comprising 25 000 oz of contained gold in 30 000 t grading 26.99 g/t gold in the measured category; 2.07-million ounces of contained gold in 5.58-million tonnes grading 11.53 g/t gold; and 2.31-million ounces of contained gold held in 7.13-million tonnes grading 10.06 g/t gold.

Dalradian is busy completing a feasibility study on the project, which is scheduled for imminent publication. The company and its project is one to watch as its high grades reflect a premium asset in a quality-project-scarce market. Some analysts have suggested the company could be snatched up in a similar fashion to Goldcorp's acquisition of Kaminak Gold for C$520-million earlier this year.

Edited by Creamer Media Reporter

Comments

Latest News

Kropz Elandsfontein
Kropz secures R170m loan facility
27th March 2024 By: Darren Parker

Showroom

Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 
AutoX
AutoX

We are dedicated to business excellence and innovation.

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:0.149 0.183s - 106pq - 2rq
Subscribe Now