Not a bad program.. Stefan Murphy seems to be a man on a mission, the project management and metalurgy ect is pretty good.
Meanwhile also, that entire area is being developed in particular about 25kms away 50% Gold Road @ Gruyere
The Gruyere Mineral Resource has since grown to 144 million tonnes grading 1.3 grams per tonne for 5.9 million ounces of contained gold, making it one of the largest undeveloped gold deposits in Australia.
After completing positive Pre-Feasibility and Feasibility Studies on Gruyere, Gold Road announced in November 2016 it would sell 50% of the Project to leading international gold producer Gold Fields Ltd for A$350 million in cash plus a 1.5% Net Smelter Return royalty on production over 2 million ounces.
development so far
The Project milestones achieved over the past year included:
- Installation and establishment of the 648 room Gruyere Village by McNally Construction which was opened by the Hon. Bill Johnston, Minister for Mines in August 2017
- Construction of the Anne Beadell borefield, the main water supply for the Gruyere Village and early earthworks by GR Engineering Services and Desert Sands
- Completion by MACA of the Gruyere airstrip, Gruyere main access road, clearing for the Stage 1 Pit and Tailings Storage Facility, and commencement of the Yeo borefield which will provide water for mine operations
Which is remarkable, a gas pipe that feeds the high voltage power plant at Gruyere which will have, I believe, the capacity to also feed Mt Venn. Very handy to produce Copper Sulphide I would imagine. All the added infrastructure is coming online by early 2019, sometimes the ducks just line up on their own.
- Construction of the 198‐kilometre Yamarna Gas Pipeline (YGP), which is being carried out by Nacap Australia Pty Ltd (Nacap) on behalf of APA Group, which will own and operate the asset, is progressing well and on schedule to be completed by the end of June 2018. All generators and gas engines have been installed at the 45 MW Gruyere Power Station, which will ultimately be connected to the YGP and is due for completion in the December 2018 quarter.
Gruyere Gold Mine 2018 source : http://www.goldroad.com.au/project/gruyere/
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Not a bad program.. Stefan Murphy seems to be a man on a...
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