Outcomes from the Cygnet fault system, about 150 metres from the Swan zone footwall, additionally assist the potential for reserve development. Key intercepts included 158 g/t gold over 1.8 metres; 142 g/t gold over 2 metres; 49.4 g/t gold over 4.1 metres, 27.5 g/t gold over 6 metres; and 67.1 g/t gold over 0.3 metre.
On the Curie fault at Robbin’s Hill new mineralization with seen gold was drilled 1,000 metres downplunge from present reserves. Right here the intercepts had been 81.3 g/t gold over 2.6 metres and 23.1 g/t gold over 2.2 metres.
This yr’s drill marketing campaign is designed to extend sources and reserves.
Useful resource numbers for the corporate’s Australian operations had been up to date on the finish of final yr. The confirmed and possible reserves stood at 4.7 million tonnes grading 13.1 g/t gold throughout the measured and indicated useful resource of 35 million tonnes grading 3.2 g/t gold. There have been additionally inferred sources of 27.7 million tonnes grading 3.5 g/t gold.
Within the second quarter of this yr, the Fosterville mine handled 170,315 tonnes of ore grading 29.2 g/t gold and recovering 157,993 oz. of the yellow steel.
(This text first appeared in the Canadian Mining Journal)
