PERTH (miningweekly.com) – ASX-listed Maximus Resources has poured its first gold at the Burbanks treatment plant, in Western Australia.
The pour of the first commercial gold bar comes after the start of toll milling operations at the plant in late September.
The ore has been sourced from fellow-listed Empire Resources’ Penny’s Find gold mine, under a toll treatment agreement signed in May this year. Up to 150 000 t of ore from Penny’s Find will be supplied to the Burbanks gold treatment plant under the toll treatment agreement.
Maximus said on Friday that the company was receiving growing interest from a number of miners in the region that required toll milling services, with the company hoping to secure long-term feed for the mill, following the completion of the Penny’s Find parcel in mid-2018.
The Burbanks processing facility, which was acquired from gold miner Ramelius Resources for A$2.5-million in 2016, includes a two-stage crushing, ball milling and carbon-in-pulp circuit of a nominal 180 000 t/y capacity.
With commercial milling activities now under way at Burbanks, Maximus will turn its focus to restarting feasibility studies at its five project located on the Spargoville gold tenements, which have a combined proven resource of more than 1.4-million tonnes, for 112 000 oz gold.