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Aphrodite Gold Ltd.
Summary
| Project: | Aphrodite | |
|---|---|---|
| Deposit: | Aphrodite | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/27/2017 | |
| Report Code: | JORC | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 27-6-2017: Aphrodite Gold Ltd. announces a Pre-Feasibility Study report for its Aphrodite deposit at the Aphrodite project. Updated mineral resource estimate and PFS results incl. LOM of 3 years. Aphrodite Gold Limited (“Aphrodite” or “the company”) wishe | |
| Resources: | (Resource, I+I): 13.1Mt @ 2.99g/t Au for 1.26Moz Au contained at project | |
| CP/QP: | [Resources]: Diederik Speijers (McDonald Speijers Pty Ltd.) | |
| ABSTRACT: | Aphrodite Gold Limited (“Aphrodite” or “the company”) wishes to provide an update to their Pre-feasibility Study. The board and management are greatly encouraged by the results. The Pre-feasibility study included an update to the mineral resource estimation; a comprehensive metallurgical testwork program and process design package including CAPEX and OPEX assessment; open pit mine optimisation, design and cost schedule; environmental baseline assessments including fauna, flora and vegetation, short range endemic invertebrates, subterranean fauna, surface water assessment, material characterisation for use in landform design and, a soil assessment; access road option study; and a preliminary tailing storage facility location and design assessment. Aphrodite commissioned independent resource consultants McDonald Speijers (MS) to generate a new resource estimate. MS has previously undertaken a mineral resource estimate in May 2012 (refer to ASX Announcement 16 May 2012). The new mineral resource estimate is an update to the Tetra Tech estimate of 2013 (refer to ASX Announcement 12 June 2013). The new revised resource estimate was classified in accordance with the Australasian Code for Reporting of Identified Mineral Resources and Ore Reserves (JORC Code 2012) and in accordance to ASX listing rule 5.8 the information below is in support of this revision. | |
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