https://www.engineeringnews.co.za

First gold pour recorded at Cannon

First gold pour recorded at Cannon

Photo by Bloombeg

12th November 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – The Cannon gold project, in Western Australia, has produced its first gold, ASX-listed Southern Gold reported on Thursday.

Mining at the Cannon openpit mine started in August, with ore from the mine being processed through joint venture (JV) partner Metals X’s Jubilee mill at its South Kalgoorlie operations.

During the first six days of the milling campaign, some 16 243 t of ore were treated, recovering 1 125 oz of gold.

The Stage 1 openpit mine would see some 152 000 t of ore mined, at an average diluted grade of 3.1 g/t gold, containing some 15 000 oz of gold, with 13 500 oz of gold recovered.

The JV partners recently agreed to expand the Cannon gold mine to develop both the Cannon and Georges Reward deposits in a single pit, using common infrastructure.

It was estimated that this "big pit" scenario would extend the mine life of Stage 1 from the current nine-month operation to several years and could make Stage 2 underground options more viable.

Southern Gold chairperson Greg Boulton on Thursday said the first gold pour from Cannon was a significant milestone for the company and placed it in an elite group of companies transitioning from explorer to producer.

“Now that Southern Gold has visibility to cash flow and many exciting opportunities to grow the production pipeline, the future looks very promising and encouraging for our investors,” he added.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

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

Showroom

EKATO Africa
EKATO Africa

Established in 1933, EKATO is the world leader in agitation technology, supplying agitators for processes and applications such as chemicals and...

VISIT SHOWROOM 
Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

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:0.054 1.239s - 140pq - 2rq
Subscribe Now