March 2012 Quarterly Report

HIGHLIGHTS
Personnel

  •  Chairman Chris Torrey has resigned to head up Silver City Minerals. Mr Torrey has guided the company through several critical phases which have seen substantial increases in the Copper Hill resource, completion of a detailed study of strategies to maximise production from Copper Hill and delivery of the Copper Hill Scoping Study. His support for GCR’s expanded exploration activities has been greatly appreciated. He has assisted in the search and selection of a new chairman and he leaves GCR with heartfelt good wishes and the thanks of directors and staff.

Copper Hill

  • 2 million tonnes per annum mill and plant capital estimate of $92 million
  • Total estimated notional capital cost, all-up, of $155 million
  • Metallurgical studies continuing with improving recoveries

Other Projects

  • Cargo twin-hole drilling completed: 3 core holes totalling 344 metres
  • Queensland Coal – new 2,250 square kilometres of tenement applications in the Eromanga Basin
  • South Australia – Gawler Craton IOCG targets – geophysical interpretation completed. Access and drill planning continuing

click here to download the report in full as a pdf file

Communications from HQ Mi...

Dec 8, 2015 2:12 pm

The independent directors of Golden Cross Resources Limited (ASX: GCR)...

Golden Cross Resources of...

Nov 27, 2015 3:45 pm

The office of Golden Cross Resources has moved. Principal and Register...

GCR Chairman’s response t...

Oct 15, 2015 2:42 pm

15 October 2015 Dear Shareholder, As you are aware my fellow director ...

June 2015 Quarterly Repor...

Aug 11, 2015 4:28 pm

The June 2015 Quarterly Report for Golden Cross Resources has been rel...

MARCH 2015 QUARTERLY ACTI...

Apr 29, 2015 1:59 pm

MARCH 2015 QUARTERLY ACTIVITIES AND CASHFLOW REPORT Key Points: Copper...

There is no custom code to display.