PERTH (miningweekly.com) – Gold miner Doray Minerals has officially opened its Deflector gold project, in Western Australia, within 14 months of acquiring the project.
“The introduction of Deflector into our operating portfolio will be transformative for the company and we wouldn’t be celebrating this achievement today, once again delivered on time and under budget, without the sustained efforts of our staff, contractors and consultants, and the support of shareholders over the last few years,” said Doray MD Allan Kelly.
The openpit operation was expected to produce 1 972 oz of gold and the underground mine would deliver 348 592 oz of gold, over a mine life of about six years.
“When combined with Andy Well, Deflector is expected to significantly increase our annual production, provide a lower average cost profile with increased operating margins and almost double our mine life,” Kelly said.
Deflector is currently in a ramp-up phase and is progressing through the orebody’s oxide and transitional levels before reaching the primary underground ore in early 2017.