June 2011 Quarterly Report


Copper Hill

  • Geological Resource: 197 million tonnes at 0.3% copper and 0.26% gold
  • Start-up 30 million tonne Open Pit planned
  • Mill and Plant throughput options and costings underway
  • Mill expansion capability will be integral to the overall design
  • Detailed mine plans have been prepared

Other Projects

  • Additional airborne magnetic survey at Canbelego (Cobar region) projects
  • Coincident Magnetic – Gravity anomalies detected in Gawler Craton projects
  • Cargo drilling delayed with rig retained at Copper Hill
  • New VTEM interpretation for Cobar region projects

Copper Hill

The new Copper Hill geological resource is 197 million tonnes at grades of 0.31% copper amd 0.26 g/t gold (using a 0.2% copper cut-off grade) and is an increase of 24 million tonnes from the previous estimate released in October 2010.

Click Here to read the full report.

Subscription expired
RSSbox powered by rssinclude.com

There is no custom code to display.