re: Ann: High Grade Results Highlight Potenti... Thanks for the continuing updates . Here is my 2Bob.Quote ALY ,.
"History of Wilgeena Mining Centre."
The gold resource at Wilgeena, which was reported in an internal report by Plutonic Operations Ltd dated 19 January 1995, estimated a total non-JORC code compliant gold resource of 553,000t @ 2.5g/t gold representing 44,075oz of contained gold.
The ore from the two test pits developed by Esmerelda Exploration Ltd was hauled and processed at the Horseshoe Lights Gold Mine located approximately 40km north and operated by Barrack Mine Management Pty Ltd (Barrack). Barrack declined to treat further ore from Wilgeena due to capacity constraints at the Horseshoe Lights processing plant.
Wilgeena has remained undeveloped since operations ceased in 1988. However, Plutonic Operations Ltd (now owned by Barrick Gold Australia Ltd) undertook further drilling and resource estimation and have provided Alchemy with the complete Wilgeena database. Alchemy will incorporate all this information into its systematic study of the Narracoota Formation (Magnus Copper/Gold Project).
Exciting times ahead for the LT holders. DYOR GL . Get Ready.
re: Ann: High Grade Results Highlight Potenti... Thanks for the...
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