Burbanks gold project, Australia
Name of the Project
Burbanks gold project.
Location
The project is located 9 km south of Coolgardie, in Western Australia.
Project Owner/s
Barra Resources.
Project Description
A scoping study on Burbanks, based on indicated and inferred mineral resources of 1.2-million tonnes grading 3.7 g/y gold for 145 700 oz of gold, has identified the potential for shallow underground mining at the Birthday Gift and Main Lode gold mines.
Underground mining has been selected as the preferred method over openpit mining. Four areas have been identified for shallow underground mining; the Hadfield and Dahmu lodes within the Birthday Gift gold mine and the areas north and south of the historic Main Lode gold mine. Other lodes at Tailor, Eastern and Jesson within the Birthday Gift mineral resource may also be suitable for future mining.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
With fast-tracked approvals, in-fill drilling, further studies, partnering and/or funding, a timeframe for development and production could be as soon as 2020.
Latest Developments
None stated.
Key Contracts and Suppliers
Snowden Mining Industry Consultants (scoping study).
On Budget and on Time?
Too early to state.
Contact Details for Project Information
Barra Resources, tel +61 8 9481 3911 or email info@barraresources.com.au.
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