Source:
p. 6
Saracen Mineral Holdings Limited owns 100% of the Carosue Dam Operations (CDO) through its wholly owned subsidiary Saracen Gold Mines Pty Ltd.
Summary:
The deposit itself is lithologically and structurally controlled and sits within an altered volcaniclastic sandstone unit that has been offset along a series of major faults running NE-SW and NW-SE, as well as intruded by large lamprophyre units post mineralization. Mineralization is dominated by pyrite and hosted in broad hematite altered sandstone units with a central high grade siliceous core light-moderately dipping to the North.
Summary:
Current mining methods employed at Carosue Dam Operations utilize long hole open stoping.
Processing Technologies
- Gravity separation
- Leaching plant
- Carbon in leach (CIL)
- Cyanide (reagent)
Summary:
The ore reserve will be treated at the established Carosue Dam processing facility. The Carosue Dam Process Plant is a CIL cyanide leach plant incorporating a gravity circuit which is appropriate for the extraction of gold from free milling gold ores.
The Carosue Dam processing plant continued to perform above name plate capacity during FY2017, with a total of 2,469,000 tonnes of ore milled. Red October, Deep South and Karari were the predominant ore sources with supplement mill feed from lower grade stockpiles.
Recoveries & Grades:
| Commodity | Parameter | 2017 | 2016 |
|
Gold
|
Recovery Rate, %
| 91.8 | 92 |
|
Gold
|
Head Grade, g/t
| ......  | ...... |
- Subscription is required.
Reserves at June 30, 2017:
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Proven
|
655,000 t
|
Gold
|
1.4 g/t
|
30,000 oz
|
|
Probable
|
11,825,000 t
|
Gold
|
2.3 g/t
|
873,000 oz
|
|
Proven & Probable
|
12,480,000 t
|
Gold
|
2.3 g/t
|
903,000 oz
|
|
Measured
|
8,174,000 t
|
Gold
|
1.6 g/t
|
417,000 oz
|
|
Indicated
|
48,753,000 t
|
Gold
|
2 g/t
|
3,150,000 oz
|
|
Inferred
|
27,001,000 t
|
Gold
|
1.7 g/t
|
1,459,000 oz
|
|
Total Resource
|
83,928,000 t
|
Gold
|
1.9 g/t
|
5,026,000 oz
|
Commodity Production Costs:
| | Commodity | Units | 2017 | 2016 |
|
All-in sustaining costs (AISC)
|
Gold
|
AUD
|
...... 
|
......
|
- 'Investor' subscription is required.
Mine Management:
| Job Title | Name | Profile | Ref. Date |
.......................
|
.......................
|
|
Sep 7, 2018
|
- 'Supplier or 'Investor' subscription is required.
Corporate Filings & Presentations:
| Document | Year |
|
...................................
|
2017
|
|
...................................
|
2017
|
|
...................................
|
2016
|
- Subscription is required.
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