Laverton gold project, Australia
Name of the Project
Laverton gold project.
Location
Laverton district, in Australia.
Project Owner/s
Western Australian gold explorer Focus Minerals.
Project Description
The project comprises total mineral resources of 61.3-million tonnes grading 1.85 g/t gold.
Positive results have been reported from the Laverton Stage 1 openpit prefeasibility study (PFS), based on only 21% of the project’s mineral resource base, or 16.26-million tonnes grading 1.47 g/t gold.
The first pass PFS scenario uses a selection of five openpit resources – Karridale, Burtville, Beasley Creek, Beasley Cree South and Wedge – and proposes milling at the refurbished 1.5-million-tonne-a-year Barnicoat mill. While Phase 1 of the PFS has been limited to an initial five deposits, more prospects are planned to be added for optimisation in the subsequent phases of the PFS schedule.
The Stage 1 PFS estimated production of 513 000 oz of gold at a diluted grade of 1.37 g/t.
Potential Job Creation
None stated.
Net Present Value/Internal Rate of Return
The project has a pretax net present value, at a 5% real discount rate, of A$132-million and an internal rate of return of 17.2%, with a payback of 6.5 years.
Capital Expenditure
Not stated.
Planned Start/End Date
Not stated.
Latest Developments
Phase 2 of the Laverton PFS will examine the benefits and level of impact from pursuing a larger mining and processing operation.
Phase 2 will also investigate the rehandling and haulage of mine tonnes, as more fresh ore will be included in the mine plan. The merits of an owner-operated fleet versus contract mining and other mine models during the life-of-mine will also be assessed to further optimise project economics.
Key Contracts, Suppliers and Consultants
RPM Advisory Services (PFS).
Contact Details for Project Information
Focus Minerals, tel +61 8 9215 7888 or email info@focusminerals.com.au.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
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

















