Metminco gets go-ahead for underground ops
PERTH (miningweekly.com) – Dual-listed Metminco has received approval from the Colombian environmental agency in the Department of Risaralda to conduct underground development at its Miraflores gold project.
The development approval will allow the company to expose the previously defined orezones on multiple levels, up to 2 000 m, and to complete infill diamond drilling for stope definition ahead of a final decision to construct the processing facilities and infrastructure.
The development will include access to the underground area via a decline, development of a ventilation system for the mine, cross cutting and on-reef driving on multiple levels.
Metminco told shareholders on Thursday that the company would also assess the possibility of trucking ore from the mine to a processing facility nearby to gain large scale bulk processing information ahead of a decision to construct the processing facilities at Miraflores.
The project currently has a measured and indicated resource of 9.27-million tonnes, grading 2.82 g/t gold and 2.77 g/t silver, and an inferred mineral resource of 500 000 t, grading 2.36 g/t gold and 3.64 g/t silver.
A feasibility study on Miraflores is due by the third quarter of this year, with Metminco hoping to produce around 50 000 oz/y from the project, over an initial mine life of nine years.
Comments
The
functionality
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