Resolute adds ounces at Syama North
PERTH (miningweekly.com) – Gold miner Resolute Mining has increased the mineral resource estimate for its Syama North project, in Mali, by 40% to two-million ounces of gold.
The mineral resource at Syama North now stands at 20-million tonnes, grading 3.1 g/t gold for two-million ounces at a nominal depth of 150 m below surface.
“Given the strong performance of the sulphide processing circuit post the planned major shutdown, we are now confident with our ability to process sulphides,” said CEO Terry Holohan.
“The focus has thus shifted to exploring for more sulphide close to the processing complex. Assuming significant amounts of this convert to ore reserves, this will give us a huge amount of flexibility for our present expansion plans, processing options and debottlenecking initiatives in place. As a result, we have recently commenced a prefeasibility study into low capital expansion options to further expand the sulphide operations with the results expected in early 2023.”
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