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Wagtail and Rowdies gold project, Australia

24th June 2016

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Wagtail and Rowdies gold project, Australia.

Client
Pantoro (formerly Pacific Niugini).

Project Description
An evaluation of the Wagtail and Rowdies prospects, which are located only 1.5 km south of the Nicolsons processing plant, has culminated in an initial ore reserve of 96 500 t grading at 5.55 g/t of gold, contained in three small high-grade openpits. The mining of these pits will avail more feed to the Nicolsons process plant as the underground mine continues to build to full capacity.

Processing plant reviews have indicated that the crushing and grinding circuits have existing capacity to process a throughput of 200 000 t/y, which would be an increase of 50%, compared with the current operating level. The metallurgical engineering reviews suggest that two additional leach tanks and some minor modification to the classification circuit are required to achieve high gold recoveries at the expanded rate. It is expected that adequate underground development will be in place to sustain the increased throughput once openpit mining is completed.

The openpit could deliver an additional 16 350 oz to the Nicolsons gold project production profile over nine months.
The Nicolsons operation poured its first gold in September last year, after operations were started in April.

Value
Not stated.

Duration
Expansion of production capacity at the operation is expected by the end of 2016.

Latest Developments
Pantoro has started detailed engineering designs for the additional leach tanks and modifications to the classification circuit.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Pantoto MD Paul Cmrlec, tel +61 8 9215 6005 or email admin@pantoro.com.au.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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