https://www.engineeringnews.co.za

Metminco gets go-ahead for underground ops

14th September 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Dual-listed Metminco has received approval from the Colombian environmental agency in the Department of Risaralda to conduct underground development at its Miraflores gold project.

The development approval will allow the company to expose the previously defined orezones on multiple levels, up to 2 000 m, and to complete infill diamond drilling for stope definition ahead of a final decision to construct the processing facilities and infrastructure.

The development will include access to the underground area via a decline, development of a ventilation system for the mine, cross cutting and on-reef driving on multiple levels.

Metminco told shareholders on Thursday that the company would also assess the possibility of trucking ore from the mine to a processing facility nearby to gain large scale bulk processing information ahead of a decision to construct the processing facilities at Miraflores.

The project currently has a measured and indicated resource of 9.27-million tonnes, grading 2.82 g/t gold and 2.77 g/t silver, and an inferred mineral resource of 500 000 t, grading 2.36 g/t gold and 3.64 g/t silver.

A feasibility study on Miraflores is due by the third quarter of this year, with Metminco hoping to produce around 50 000 oz/y from the project, over an initial mine life of nine years.

Edited by Creamer Media Reporter

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.068 0.123s - 156pq - 2rq
Subscribe Now