Mining Intelligence and News
Australia

Minari Dome Project

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Categories

Overview

Mine TypeOpen Pit & Underground
StagePreliminary Economic Assessment
Commodities
  • Gold
  • Silver
  • Copper
  • Cobalt
Mining Method
  • Truck & Shovel / Loader
  • Sub-level caving
  • Longhole open stoping
Mine Life... Lock
SnapshotAggressive growth drilling programme at Minyari Dome commenced in June and running through H1 CY2023; updated resource expected Q3 CY2023 and to be incorporated into PFS.

Owners

SourceSource
CompanyInterestOwnership
Antipa Minerals Ltd, 100 % Indirect
Minyari Dome Project is 100%-owned by Antipa Minerals Ltd.

Contractors

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Deposit type

  • Intrusion related
  • Breccia pipe / Stockwork

Summary:

Mineralisation at both Minyari and WACA is hosted predominantly within hydrothermally altered metasediments. There are several mafic bodies identified in the project area, predominantly dolerite, which are variably mineralised, along with late felsic intrusive dykes that cross-cut the deposit area and are generally unmineralised. The resource has been depleted in these lithologies. The Proterozoic rocks are overlain by transported overburden, typically desert/dune aeolian sand which varies in thickness up to 10 metres. The Minyari and WACA deposits precious (gold and silver) and/or base metal (copper and cobalt) mineralisation is interpreted to be reduced intrusion-related, with local controls on mineralisation related to variations in both the competency/hardness and chemical composition of rock units, in combination with other discrete structural controls such folding, faulting, fracturing, veining, brecciation and associated hydrothermal alteration and mineralisation (including sulphides) being the key factors influencing mineralisation grade and continuity. The Minyari deposit constitutes approximately 85% of the gold resource and 96% of the Scoping Study mining inventory gold ounces. Minyari mineralisation is generally moderate to steeply dipping and is hosted by a plunging pipe-like breccia body located in the hinge and both limbs of an interpreted synform. The true-thickness of mineralisation ranges from 5 to 120m and extends from surface to a depth of 670m and remains open down plunge to the northwest. In the Minyari deposit area there is also near-surface, sub-horizontal soil/calcrete hosted re-worked/remobilised “channel” style low-grade gold mineralisation, located above the Proterozoic basement.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityUnitsAvg. AnnualLOM
Gold koz 122975
Silver koz 44349
All production numbers are expressed as metal in doré.

Operational metrics

Metrics
Annual processing capacity  ....  Subscribe
Waste tonnes, LOM  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
Total tonnes mined, LOM  ....  Subscribe
Tonnes processed, LOM  ....  Subscribe
* According to 2022 study.

Production Costs

CommodityUnitsAverage
All-in sustaining costs (AISC) Gold USD  ....  Subscribe
All-in costs Gold USD  ....  Subscribe
Assumed price Cobalt USD  ....  Subscribe
Assumed price Copper USD  ....  Subscribe
Assumed price Silver USD  ....  Subscribe
Assumed price Gold USD  ....  Subscribe
* According to 2022 study / presentation.

Operating Costs

Currency2022
OP mining costs ($/t mined) AUD 25.3 *  
UG mining costs ($/t mined) AUD  ....  Subscribe
Processing costs ($/t milled) AUD  ....  Subscribe
G&A ($/t milled) AUD  ....  Subscribe
Total operating costs ($/t milled) AUD  ....  Subscribe
* According to 2022 study.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M AUD  ......  Subscribe
Sustaining CapEx $M AUD  ......  Subscribe
OP OpEx $M AUD  ......  Subscribe
UG OpEx $M AUD  ......  Subscribe
Processing OpEx $M AUD 410
Total OpEx $M AUD  ......  Subscribe
Gross revenue (LOM) $M AUD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M AUD  ......  Subscribe
After-tax Cash Flow (LOM) $M AUD  ......  Subscribe
Pre-tax NPV @ 7% $M AUD  ......  Subscribe
After-tax NPV @ 7% $M AUD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
Pre-tax payback period, years  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Mar 3, 2023

Aerial view:

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