Northern Star increases Jundee resource estimate
PERTH (miningweekly.com) – Gold miner Northern Star Resources has increased the resource estimate at the Jundee gold mine, in Western Australia, by 68%.
The project was now estimated to host some 851 000 oz of gold.
The new resource estimate comprised 4.2-million tonnes, grading 6.4 g/t gold and included a reserve of 2.5-million tonnes, at 4.8 g/t gold for 383 000 oz.
MD Bill Beament said the increased resource estimate demonstrated the potential for substantial additions to the Jundee mine life.
“We have identified numerous target areas around existing resources as part of our strategy to grow the mining inventory at Jundee. We also have many new areas which we believe are highly prospective, providing further scope to grow the resource base and mine life.”
In fact, the company has an exploration target of between 1-million and 1.5-million in addition to the current resource, at between 8 g/t and 12 g/t gold.
“The scale of production, its high grade, low cost and strong exploration upside will allow Jundee to make a substantial contribution to Northern Star for many years,” Beament added.
Further drilling would be required over the coming 12 months to test and validate the exploration target.
The Jundee project produced some 75 390 oz in the June quarter, which was not attributable to Northern Star, as the acquisition was only settled in July.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
As one of South Africa's leading manufacturers, Bell Equipment distributes and exports its wide range of heavy equipment globally to mining,...
VISIT SHOWROOM
From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...
VISIT SHOWROOM
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
