Name of the Project
Mt Ida gold project.

Location
The project is located north-west of Menzies, in Western Australia’s Eastern goldfields, and incorporates the Bottle Creek, Quinn’s Mining Centre and the Mt Ida South project areas.

Project Owner/s
ALT Resources.

Project Description
Mt Ida includes the Emu, Southwark, Boags, VB (Bottle Creek) Tim’s Find, Boudie Rat and Forrest Belle pits, with mineral resources totalling 6.8-million tonnes grading 1.9 g/t of gold.

A scoping study has proposed the development of an openpit mining operation with the construction of a standalone 500 000 t/y carbon-in-pulp ore processing facility, with the results demonstrating a project that is financially robust and has strong project fundamentals with low technical risk.

The designed treatment plant comprises crushing and processing plants.

The design calls for two-stage crushing, two-stage milling, cyanidation leach, carbon adsorption, carbon stripping and smelting to produce gold/silver doré on site.

Mining will be undertaken using conventional openpit mining techniques.

The tailings storage facility strategy is based on depositing tailings into purpose-built two-stage tailings storage facilities.

Production is estimated at 181 200 oz of gold and 937 800 oz of silver over six years.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
The project is estimated at A$30-million.

Planned Start/End Date
Not stated.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Alt Resources, tel +61 2 6456 2915 or email info@altresources.com.au.