Tarcoola gold project, Australia
Name and Location
Tarcoola gold project, Australia.
Client
WPG Resources.
Project Description
Tarcoola has a total resource estimate of 973 000 t at 3.12 g/t gold containing 97 000 oz of gold.
WPG has lodged an application for a mining lease for the project as preliminary findings of a feasibility study have indicated that the project could be successfully developed into a conventional openpit mining operation with associated heap-leach processing.
The study is considering mining production rates of between 250 000 t/y and 350 000 t/y.
Net Present Value/Internal Rate of Return
Not stated.
Value
Not stated.
Duration
WPG is hoping to be in production by the second quarter of 2016, subject to financing.
Latest Developments
The feasibility study for the Tarcoola project is expected to be released soon.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
WPG Resources, tel +61 2 9251 1044, fax +61 2 9247 3434 or email info@wpgresources.com.au.
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