Matilda to start gold production in Sept quarter
PERTH (miningweekly.com) – The Matilda gold project, in Western Australia, was expected to start gold production in the September quarter, owner Blackham Resources said on Monday.
The company told shareholders that it had gained a number of approvals over the project area, including the Matilda mine and Wiluna mining proposals, which the Department of Mining and Petroleum approved.
Vegetation clearing permits had also been received, while the Department of Water had granted the water extraction licence over the Galaxy tenement. The underground dewatering approvals for the Wiluna area remained in place.
Blackham noted that the remaining mining proposals over the Williamson mine, which was scheduled to start mining in the third year of operations, were well advanced, while amendments to the existing Wiluna environmental licence was lodged in February this year.
Blackham was hoping to mobilise mining contractors by next month.
A prefeasibility study in late 2015 found that the Matilda mine would require a capital investment of A$28-million to deliver an average 98 000 oz/y over a mine life of nearly five years, at a life-of-mine C1 cash cost of A$920/oz.
It was expected that the project would make use of mining contractors and would employ openpit operations for the Matilda, Williamson and Galaxy deposits, while two underground mines had also been designed for the Wiluna deposit.
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