PERTH (miningweekly.com) – ASX-listed junior OreCorp has launched a scoping study at its Nyanzaga gold project, in Tanzania, just days after declaring a maiden Joint Ore Reserves Committee-compliant resource at the project area.
The Nyanzaga project was estimated to host about 21.3-million tonnes of ore, grading 4.1 g/t gold for 2.78-million ounces of gold.
OreCorp told shareholders on Monday that the scoping study would evaluate the technical and economic viability of an opencut and underground operation, and would include a combination of both mining methods.
Processing options would also be considered to optimise throughput capacity and ore feed flexibility to enhance metallurgical outcomes.
The scoping study was scheduled for completion in the fourth quarter of this year, and the company expected to immediately progress to the prefeasibility study.