For thousands of other reports visit RSC's Mineral Intellingence Map

Alacer Gold Corp.

opaxe

Summary

Project:

Gediktepe

Deposit:Gediktepe
Location:Turkey
Commodities:Gold-Silver-Copper-Zinc
Date:9/13/2016
Report Code:NI43-101
Report Type:Pre-Feasibility Study
Project Stage:Pursuing Resource Increase/Upgrade
Report details:13-9-2016: Alacer Gold Corp. announces a Pre-Feasibility Study report for its Gediktepe deposit at the Gediktepe project. JV - PFS results incl. post-tax NPV (5%) 0f $475.2M, IRR of 46.5%, 2.5yr payback. Polimetal Madencilik San. Ve Tic A.S. (Polimetal) a
Resources:(Reserve, P+P): 3.223Mt @ 2.95g/t Au, 77.7g/t Ag, 0.15% Cu, 0.27% Zn
CP/QP:[Resources]: John M. Marek (Independent Mining Consultants Inc.)
ABSTRACT:Polimetal Madencilik San. Ve Tic A.S. (Polimetal) assembled a team of consultants to complete a Preliminary Feasibility Study (PFS) for the Gediktepe mining project in Western, Turkey. The project plan utilizes open pit mining to produce gold and silver by heap leaching of oxide mineralization followed by gold, silver, zinc, and copper production by flotation of sulfide mineralization. The planned production rate for oxide heap leaching is 3,000 tonnes per day (tpd) for three years. Processing of sulfide ore starts in Year 3 at an average rate of 4,500 tpd and ramps up to 6,500 tpd producing a copper concentrate and a zinc concentrate. The project team was comprised of the three consulting companies listed below and the engineering staff at Polimetal. Polimetal provided input regarding infrastructure costs and owner’s costs. The deposit is in the Balikesir province, roughly 42 km straight line distance southeast of the town of Balikesir. It is about 17 km south-southwest of the town of Dursunbey. A location map is provided in Section 4.0. The Gediktepe project is a massive sulfide deposit hosted in metamorphic schist units. The upper portion of the deposit has been oxidized by surface and ground water. The oxide zone is nearly devoid of base metals. The sulfide zone is polimetallic with economic values of zinc, copper, gold and silver. The major economic minerals are sphalerite and chalcopyrite. Pyrite is ubiquitous.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report