https://www.engineeringnews.co.za

Alkane reconsiders Peak Hill

18th October 2018

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – ASX-listed Alkane Resources is considering the development of an underground operation at its Peak Hill gold mine, some 15 km from its Tomingley gold project, in New South Wales.

The junior company said on Thursday that an inferred mineral resource of 1.02-million tonnes, grading 3.29 g/t gold and 0.15% copper was estimated at Peak Hill, for a resource of some 108 000 oz.

The Peak Hill gold mine was operational as an openpit mine between 1996 and 2005, after which Alkane placed the operation on care and maintenance. The company noted that most of the site rehabilitation was completed away from the existing four openuct pits.

The company told shareholders that the underground re-development of the Peak Hill operation formed part of an extensive regional exploration programme which is looking for additional ore feedstocks for the Tomingley operation.

Core drilling at Peak Hill is now scheduled to start in October to provide the company confirmation of the geology and structure, and to advance metallurgical testing.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 
Egoli Gas (Pty) Ltd
Egoli Gas (Pty) Ltd

As a reticulator, Egoli Gas provides natural gas to homes and businesses via underground pipes.

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







301

sq:0.057 1.056s - 140pq - 2rq
Subscribe Now