First gold mined at Kin's Lewis openpit, at Leonora project
JOHANNESBURG (miningweekly.com) – ASX-listed junior Kin Mining has produced the first ore from its Lewis openpit, located at the Leonora gold project, in Western Australia. This makes Kin one step closer to becoming a fully fledged gold producing company.
“This is a significant milestone in the company’s development,” said MD Trevor Dixon, adding that the team at Kin Mining had been working hard to deliver the first ore before the first half of the year.
Kin considered the trial operation at Lewis to be a low startup cost, opencut mining exercise that would effectively test a high-grade portion of the larger Bruno-Lewis Cardinia supergene resource to determine the economic viability of extraction and processing.
The Bruno-Lewis Cardinia supergene resource was currently 3.4-million tonnes at 1.3 g/t gold for 139 400 oz.
The aim of the Lewis openpit operation was to generate a cash-positive operation and to establish accurate mining costs, which would aid in the economic evaluation of the larger Cardinia supergene resource.
Kin also hoped to obtain accurate specific gravity data, which would be incorporated into the resource model. Further, it aimed to determine the metallurgical recovery rate and the vat leach recovery rates of the Cardinia ore.
Meanwhile, negotiations were under way for toll treatment of the first parcel of ore, which was considered the ideal strategy to reduce risk of the mining operation, while still enabling the company to move forward with its vat leach testwork.
“These are exciting times for Kin and the current gold price will have a positive effect on the economics of the operation,” said Dixon.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation