Overview
Stage | Feasibility |
Mine Type | Open Pit & Underground |
Commodities |
|
Mining Method |
|
Mine Life | 5 years (as of Jan 1, 2013) |
The Glenburgh – Mt Egerton advanced exploration/development project. This project has the potential to become a second production hub for Spartan Resources.
The tenement holding for Glenburgh includes one mining lease as well as a number of exploration licenses.
In light of the current volatility in global equity and commodity markets, Spartan Resources has elected to retain the Glenburgh / Egerton assets for the foreseeable future. |
Latest News | Spartan Resources Reports High-Grade Gold Assays November 1, 2023 |
Source:
p. 22,124
Contractors
- Subscription is required.
Summary:
Regionally the project lies in the southern Gascoyne Province adjacent to the northwest margin of the Yilgarn Craton. Geologically the province has been described as the high-grade metamorphic core zone of the Early Proterozoic Capricorn Orogen. The region comprises granitoid intrusions, gneiss domes, metamorphosed sedimentary rocks and remobilised Archaean basement gneiss.
The project overlies an east-north-east trending sequence of highly metamorphosed Lower Proterozoic rocks comprising variably quartz feldspar-biotite-garnet-magnetite gneiss, amphibolite, quartzite and calc-silicate. A prominent crustal scale north-east trending fault, the Deadman Fault, bisects the project area.
Gold mineralisation at Glenburgh was first detected by Helix Resources in 1994 from gold anomalism in regional stream sediment sampling and subsequent soil sampling which outlined a 20km long anomalous trend. Drilling principally by Helix and since 2010, Gascoyne Resources has discovered and extended a series of gold deposits with JORC Resources. Gold mineralisation at Glenburgh is somewhat enigmatic as a result of the high grade metamorphic host rocks; gold occurs in quartz- feldspar- biotite-garnet gneiss with a general observation of higher grades occurring in silica “flooded” zones.
Summary:
Upon completion of the Glenburgh mining study, Kenmore Mine Consulting completed a number of conceptual mine schedules (for both open cut and underground). The aim of the schedules was to complete the mining in the most productive manner possible, while allowing selective ore blending strategies. The selected schedule allows for two excavators mining the open pits for approximately two years, then one excavator for the next year, while the underground is developed and mined in two years commencing in month 27 of the schedule.
In addition to the open cut optimisations and resulting mine designs, a conceptual underground development has also been designed for the high grade zones below the Zone 126 open pit. An underground mine design has been completed that results in an underground mining inventory of 426,000t @ 4.6 g/t. This adds significantly to the overall project mining inventory, in the final two years of processing.
Source:
Summary:

- subscription is required.
Projected Production:
* According to 2013 study.
Reserves at December 18, 2020:
Mineral Resource statement for in-situ resources above 0.25g/t Au for open pit and above 2.0g/t Au for underground.
Category | Tonnage | Commodity | Grade | Contained Metal |
Indicated
|
13.5 Mt
|
Gold
|
1 g/t
|
430.7 koz
|
Inferred
|
2.8 Mt
|
Gold
|
0.9 g/t
|
79.4 koz
|
Total Resource
|
16.3 Mt
|
Gold
|
1 g/t
|
510.1 koz
|
Commodity Production Costs:
| Commodity | |
All-in sustaining costs (AISC)
|
Gold
|
991 / oz * AUD
|
C1 cash costs
|
Gold
|
909 / oz * AUD
|
Assumed price
|
Gold
|
1,350 / oz * USD
|
* According to 2013 study / presentation.
- Subscription is required.
2013 Study Costs and Valuation Metrics :
Metrics | Units | LOM Total |
Pre-Production capital costs
|
$M AUD
|
......
|
Initial CapEx
|
$M AUD
|
......
|
Sustaining CapEx
|
$M AUD
|
......
|
Total CapEx
|
$M AUD
|
......
|
Net revenue (LOM)
|
$M AUD
|
......
|
- Subscription is required.
Source:

- subscription is required.
Mine Management:
Job Title | Name | Profile | Ref. Date |
.......................
|
.......................
|
|
Oct 23, 2023
|
- Subscription is required.
Corporate Filings & Presentations:
- Subscription is required.
News:
- Subscription is required.