Excelsior chooses development path for Kalgoorlie North
PERTH (miningweekly.com) – Junior Excelsior Gold has opted to pursue a standalone processing facility at its Kalgoorlie North gold project, following a strategic and corporate option review.
Earlier this year, Excelsior appointed KPGM as a corporate adviser to assist with assessing development options for Kalgoorlie North, including the development of a standalone operation, the relocation of existing plants, and a potential toll treatment operation.
Excelsior said on Thursday that as the assessment of the various options progressed, it became apparent that the sale of the project was such that the long-term interest of shareholders would be best served through a standalone processing plant, which would allow the company to extract maximum value from the project while still retaining exposure to long-term exploration potential.
The gold junior was now planning to complete a prefeasibility study (PFS) on a one-million-tonne-a-year processing facility adjacent to a proposed openpit operation at the Zoroastrian deposit and a short distance away from the larger Excelsior openpit.
The PFS was scheduled for completion in early 2014.
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















