Devon Pit gold project, Australia
Name of the Project
Devon Pit gold project.
Location
The project is located within the wholly owned Lake Carey gold project, in the Eastern Goldfields of Western Australia.
Project Owner/s
Matsa Resources.
Project Description
A scoping study has confirmed the near-term openpit production potential at the Devon pit.
The project has indicated and inferred mineral resources estimated at 614 000 t grading 4.1 g/t gold.
The study proposes production starting from surface and is estimated at 37 000 oz gold at 4.64 g/t gold from 264 000 t, with a 93% recovery.
The study is based on ore being processed at Matsa’s proposed treatment facility; however, metallurgical testworks have indicated that Devon Pit ore is amenable to treatment at any of the nearby standard carbon-in-pulp/carbon-in-leach processing facilities.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
Not stated.
Latest Developments
The scoping study has recommended the immediate start of a feasibility study on the Devon pit.
Key Contracts, Suppliers and Consultants
Not stated.
Contact Details for Project Information
Matsa Resources, tel +61 8 9230 3555 or email reception@matsa.com.au.
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