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Project: | Kalgold | |
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Deposit: | Kalgold | |
Location: | South Africa | |
Commodities: | Gold | |
Date: | 11/6/2018 | |
Report Code: | SAMREC | |
Report Type: | Resource Estimation | |
Project Stage: | Active Mining & Production | |
Report details: | 6-11-2018: Harmony Gold Mining Company Ltd. announces a Resource Estimation report for its Kalgold deposit at the Kalgold project. Updated mineral resource estimate at the project. KALGOLD EXPLORATION UPDATE Harmony is pleased to announce an updated miner | |
Resources: | (Resource, Total): 76.5Mt @ 0.95g/t Au for 2339Koz Au contained | |
CP/QP: | [Resources]: Not stated (Internal) | |
ABSTRACT: | KALGOLD EXPLORATION UPDATE Harmony is pleased to announce an updated mineral resource estimate for Kalgold incorporating the exploration drill results up to 30 September 2018. On 4 June 2018, Harmony announced encouraging drilling results at its Kalgold, open-pit operation in the North-West Province in the release titled "Robust exploration drill results from Harmony's Kalgold open pit operation to underpin resource growth and expansion studies". The Kalgold brownfields drill campaign resulted in drilling of 20 872m. Intercepts returned over the course of the programme outlined an expanded, robust mineralized system with over 2.1 kilometres of strike, extending to in excess of 300m below surface (a full list of drill intercepts is included with the SAMREC Table 1 report at https//www.harmony.co.za/what-we-do/exploration/kalgold-brownfields). An updated mineral resource estimate incorporating exploration drill results up to 30 September 2018 was compiled post June 2018. The final SAMREC compliant, independently audited, mineral resource declaration contains 76.5Mt @ 0.95 g/t Au for 2.34Moz Au, an increase of 1.05Moz (180%) from the 2017 estimate. Infill and scoping drilling continues. | |
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