Woodlark focus on optimisation

GEOPACIFIC Resources continues to focus on assessing optimisation opportunities at the Woodlark Gold Project on Woodlark Island as it drives the joint venture project along the path to production. Many of the project’s technical aspects have been investigated in detail and Geopacific is now examining areas such as modular construction techniques, refining the processing plant flowsheet and technology.

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Record quarterly production at Simberi

THE Simberi Gold Project of St Barbara produced a record 30,430 ounces during the March quarter at an all-in-sustaining cost (AISC) of A$1025 per ounce. This exceeded the 28,057 ounces produced in the previous quarter at an AISC of A$1277 per ounce.

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Addendum boosts Frieda River reserves

AN addendum to the feasibility study for PanAust’s Frieda River Copper-Gold Project has upgraded resources and added reserves. Measured and indicated copper resource at the HITEK (Horse-Ivaal-Trukai-Ekwai-Koki) deposits increased 8% while ore reserves increased 13%.

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Increase in Kun-Manie nickel resource

AMUR Minerals has more than one million tonnes of nickel classified at its Kun-Manie Nickel Project in Far East Russia after the latest resource upgrade. There was a 38% increase in total tonnage following an extensive drill program at two of the possible five targets.

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