Dalradian continues to move Northern Ireland project towards production
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.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation