PERTH (miningweekly.com) – Gold miner Doray Minerals has marked its sixth anniversary since listing on the ASX with the start of openpit mining at the Deflector project, in Western Australia.
MD Allan Kelly said on Monday that the start of openpit mining represented a significant milestone in the rapid development of the Deflector project, and came less than a year after completing the takeover of Mutiny Gold, which resulted in Doray obtaining the project.
“We are very excited to have officially commenced mining operations at Deflector, our second high-grade Western Australian gold operation, and look forward to bringing production on line over the coming months,” Kelly said.
Ore commissioning at the Deflector plant was scheduled to start in May, while underground mining would start in June.
The Deflector mine was expected to deliver first gold by mid-2016. 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.
Following construction and commissioning of Deflector in mid-2016, Doray was forecasting combined production from Andy Well and Deflector of 140 000 oz/y at an all-in sustaining cost of less than A$1 000/oz across the two projects.