Australia

Glenburgh Project

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Categories

Overview

Mine TypeOpen Pit & Underground
StageFeasibility
Commodities
  • Gold
Mining Method
  • Truck & Shovel / Loader
Mine Life5 years (as of Jan 1, 2013)
ShapshotThe 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.

Owners

SourceSource
CompanyInterestOwnership
Spartan Resources Ltd. 100 % Direct

Deposit type

  • Metamorphic hosted

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.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnitsAvg. AnnualLOM
Gold oz 73,000316,000

Production Costs

CommodityEstimated
All-in sustaining costs (AISC) Gold 000
C1 cash costs Gold 000
Assumed price Gold 0000
* According to 2013 study / presentation.

Operating Costs

Currency2023
Total operating costs ($/t milled) AUD 29.2 *  AUD
* According to 2013 study.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M AUD  ......  Subscribe
Initial CapEx $M AUD  ......  Subscribe
Sustaining CapEx $M AUD  ......  Subscribe
Total CapEx $M AUD  ......  Subscribe
Net revenue (LOM) $M AUD  ......  Subscribe

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Source Source
Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Apr 3, 2024
....................... Subscription required ....................... Subscription required Subscription required Oct 23, 2023
....................... Subscription required ....................... Subscription required Subscription required Oct 23, 2023

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