JOHANNESBURG (miningweekly.com) – Since starting production at its 100% owned Devon gold mine, in Western Australia, ASX-listed junior developer GME Resources has mined about 70% of the total tonnes, including waste and ore.
The company revealed on Thursday that four batches of ore – equating to 26 300 dry tonnes, or 40% of the total ore – had been processed at the Saracens Carosue dam project.
Sale of gold ore from the first batch had been finalised and provisional assay results had been calculated for the second batch. Both batches were processed in April.
Head grade assay results for the third and fourth batches, which were processed in May, WERE pending.
GME noted that mining over the next two weeks would focus on removing the western wall waste from the main pit floor, which was 22 m below surface. Once completed, the stripping ratios would be significantly reduced, enabling the pit to be developed to a maximum depth of 45 m.
GME planned to mine another 34 600 t of high-grade gold over the next six weeks, representing 60% of the total contained gold estimated within the final pit design.
Mining progress and costs were on target.