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Post by
pierregon Mar 28, 2019 12:36pm
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Post# 29548910
$RNX: Very good research paper on HGO gold operations
$RNX: Very good research paper on HGO gold operationsVery good research paper by Eagle Research Advisory March 19th 2018 about Westgold and amongst other, Higginsville (HGO) gold operations. The author is Keith Goode, geologist and mining engineer:
Page 3
«Production Target Expectations by Plant or Operating Hub included in this report @ 90% Recovery
(1) Mt Henry O/C : 600-800kt @ 1.7g/t
(2) Higg Palaeos O/C : 200kt @ 2.5g/t
(3) Open-pits : 200kt @ 2g/
(4) Higg Area U/G
Page 7
ERA expects the upside potential for HGO to be whether Mt Henry has the capability to become a 10-year super-pit, once the drilling along the eastern ridge and the infilled gaps between the various pits, has been completed. Plus of course the Higginsville palaeos, starting with the ore left behind by Resolute (RSG) at Mitchell and not mined by Avoca (probably because Alacer later dropped its Australian assets).»
Pages 24, 25, 26 are more in depth.
https://cdn.ceo.ca/1e9pn9f-Eagle%20Research%20Advisory%20March%2019th%202018%20Westgold%20.pdf