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Winu copper/gold project, Australia

5th March 2021

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Winu copper/gold project.

Location
Paterson province, Western Australia.

Project Owner/s
Rio Tinto.

Project Description
Rio Tinto has declared a maiden inferred mineral resource of 503-million tonnes at 0.45% copper equivalent at the Winu project.

This includes a higher-grade component of 188-million tonnes at 0.68% copper equivalent at a cut-off grade of 0.45% copper equivalent.

A new zone of gold-dominant mineralisation about 2 km east of the Winu deposit has also been discovered.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure 
Not stated.

Planned Start/End Date 
First production is targeted for 2024, subject to regulatory approval.

Latest Developments
Drilling and fieldwork activities are continuing, with 90 km of drilling completed in 2020. 

Rio Tinto is also actively engaging with traditional owners through on-country heritage surveys, monitoring and agreement making, which are expected to continue in 2021.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Rio Tinto, email media.enquiries@riotinto.com.

 

 

 

 

 

 

 

 

 

 

 

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