A1 delivers scoping study in Victoria
PERTH (miningweekly.com) – A scoping study into ASX-listed A2 Consolidated Gold’s namesake project, in Victoria, has revealed that it could deliver about 30 000 oz/y of gold over a three-year mine life.
The Stage 1 scoping study for the A1 gold mine, estimated that the project would require a capital investment of A$2.9-million, and could deliver a net present value of A$23.2-million, and an internal rate of return of 62%.
All-in sustaining costs for the life of the mine have been estimated at A$860/oz.
A1 pointed out on Monday that the Stage 1 scoping study estimated a production target of some 378 000 t over the project’s mine life, equating to 67% of the project’s Joint Ore Reserves Committee-compliant mineral resource of 1.42-million tonnes, grading 6.2 g/t gold.
The Stage 1 study assumed that during the early stages of production, ore would be treated off-site, with A1 entering into an ore tolling agreement with a subsidiary of LionGold Corporation.
Once a site plant had been established, ore treatment would be conducted on-site.
A1 told its shareholders that the Stage 1 scoping study formed a basis for the company’s ongoing mine plans, and to access the company’s financial requirements to move into production.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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














