The new owners of South Australia’s renowned Mt Gunson copper-gold project say they believe there is significant potential to uplift its known resource base at a time global demand continues to growth for both ‘green economy’ commodities.
Proponents behind the re-invigoration of one of Australia’s most historic copper mines hope the new push to extract remaining reserves becomes a showcase in Australia’s mining sector for the extraction method known as ‘In Situ Recovery’ or ISR.
Following technical meetings in late 2019, VSPC – the wholly owned subsidiary of Lithium Australia – has completed Stage 1 cathode-material testing with potential customers in China and Japan.
Australia’s miners are lacking in China intelligence, according to Global Mining Association of China (GMAC) Chairman, Peter Arkell.