Name of the Project
Crown Prince gold project.
Location
Near Meekatharra, in Western Australia.
Project Owner/s
Ora Gold.
Project Description
Crown Prince has total resources of 479 000 t grading 3.6 g/t gold.
Ora Gold proposes to develop an openpit mine on the Crown Prince deposit to recover more than 177 000 t at an average grade of 4.14 g/t gold at a waste-to-ore stripping ratio of 10:1 (tonnes) for 24 444 oz of gold.
The initial mine plan is based on a two-stage pit design, with a small Stage 1 pit design to provide an estimated 46 000 t at 5.8 g/t gold at a stripping ratio of 8:1, which will access high-grade ore a few months earlier than mining the pit in a single pass.
The project has a mine life of 15 to 18 months, including establishment and closure.
There are six processing plants within a 200 km radius in the region surrounding the Crown Prince project. Discussions have been held with a local plant operator regarding the processing of the Crown Prince ore.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
About A$4.7-million.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
Contact Details for Project Information
Ora Gold, tel +61 8 9389 6927 or email info@ora.gold