Great Western gold project, Australia
Name of the Project
Great Western gold project.
Location
The project is located in the Eastern Goldfields of Western Australia.
Project Owner/s
Red 5.
Project Description
The Great Western deposit was acquired by Red 5 in April 2020 and forms part of the company’s Darlot Mining Hub strategy. Ore from the Great Western pit will be trucked to the 830 000 t/y gravity and carbon-in-leach Darlot mill for processing.
The openpit mining operation will be underpinned by a maiden openpit ore reserve of 437 500 t grading 2.5 g/t gold for 35 424 oz of contained gold. The project includes 870 000 t of minerals resources at 2.5 g/t gold for 70 300 oz of contained gold.
Based on a proposed mining rate of between 30 000 t to 40 000 t of ore a month, the openpit is expected to be completed over 13 months, with plans to then access the underground orebody through a portal at the base of the pit.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
Openpit mining at Great Western is expected to start in January 2021
Latest Developments
Studies are under way for the start of underground mining following completion of the openpit.
Key Contracts, Suppliers and Consultants
Oborne Engineering Services (feasibility study) and Pit N Portal (mining services contract).
Contact Details for Project Information
Red 5, tel +61 8 9322 4455.
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