Mount Mackenzie gold project, Australia
Name of the Project
Mount Mackenzie gold project.
Location
Bowen basin, in Queensland, Australia.
Project Owner/s
Resources & Energy Group.
Project Description
A scoping study has highlighted a strong case for the development of an opencut gold mining operation and the processing of three gold resources – North Knoll, South West Slopes and Lode 355 – within the project area, with scope for growth in the resource by targeting the extent of the untested primary ore. The scoping study investigated a range of production and processing options and has identified a 300 000 t/y opencut development, with an on-site gold plant as the most appropriate case for the progression of the project to a feasibility study.
The processing plant is proposed to be a low-cost modular crushing, grinding and carbon-in-leach circuit. The scoping study incorporates indicated and inferred resources of 2.37-million tonnes grading 1.31 g/t gold for 100 000 oz of contained gold and 2.37-million tonnes grading 8.2 g/t silver for 624 000 oz of contained silver.
Gold and silver production is estimated at 43 200 oz and 242 400 oz respectively over a 43-month period.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Project capital expenditure is estimated at $13-million.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
Contact Details for Project Information
Resources & Energy Group, tel +612 92278900 or email communications@rezgroup.com.au.
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