Norton cuts the ribbon at Enterprise
PERTH (miningweekly.com) – ASX-listed Norton Gold Fields on Tuesday officially opened its Enterprise openpit mine in Kalgoorlie.
The A$110-million Enterprise project was expected to deliver some 3.3-million tons of ore a year to the Paddington mill, once it reaches full production during the last quarter of this year.
The project was expected to contribute some 110 000 oz/y to Norton’s gold production, for an estimated life-of-mine of five years.
“With a higher grade than the current baseload operations, Enterprise will allow us to both increase the Paddington operations’ gold production, and at the same time, reduce unit production costs,” MD and CEO Dianmin Chen said.
He noted that the project represented a serious investment in the sustainable expansion of Norton’s production profile in the region.
Meanwhile, Chen noted that a definitive feasibility study was under way to explore the potential to exploit a portion of the resource through underground mining, which would present further growth opportunities for the project.
A deeper underground indicated and inferred mineral resource of some 3.2-million tons at 3.04 g/t gold had been delineated.
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