For thousands of other reports visit RSC's Mineral Intellingence Map
Heron Resources Ltd.
Summary
| Project: | Woodlawn | |
|---|---|---|
| Deposit: | Woodlawn | |
| Location: | Australia | |
| Commodities: | Zinc-Copper-Lead-Gold-Silver | |
| Date: | 6/29/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Mine Development | |
| Report details: | 29-6-2016: Heron Resources Ltd. announces a Feasibility Study report for its Woodlawn deposit at the Woodlawn project. Feasibility study results incl. post-tax NPV (10%) of A$204M, IRR of 31%, 2.3 year payback. Heron Resources Limited (Heron or the Compan | |
| Resources: | (Reserve, Total): 2.8Mt @ 14% ZnEq. (Underground) and 9.5Mt @ 6.0% ZnEq. (Tailings) | |
| CP/QP: | [Resources]: Rodney Brown (SRK Consulting (Australasia) Pty Ltd.) | |
| ABSTRACT: | Heron Resources Limited (Heron or the Company) (ASX:HRR / TSX:HER) is pleased to present the results of a Feasibility Study (FS or the Study) for its 100%- owned Woodlawn Zinc-Copper Project (Woodlawn Project or simply the Project) in the Goulburn district, New South Wales, Australia. This Report, which presents the results of the Study, was overseen by Anne-Marie Ebbels of SRK Consulting (SRK), with contributions from other consultants discussed in Section 2.3. This Report has been prepared in accordance with the requirements of National Instrument 43-101 (NI 43-101), “Standards of Disclosure for Mineral Projects”, of the Canadian Securities Administrators (CSA) for lodgement on the CSA’s “System for Electronic Document Analysis and Retrieval” (SEDAR). The opinions contained herein and effective 19 July 2016, are based on information collected by the various consultants and employees of Heron. The Study, which builds on the Preliminary Economic Assessment (PEA) published on 1 June 2015, considers the design and construction of an integrated processing facility for the treatment of ores from both underground and reclaimed tailings. It encompasses geology, resource definition, mine design, metallurgical testing and process design, infrastructure requirements, and associated capital and operating cost estimation, leading to an assessment of the economic potential of the Project. The “Starter Case” development scenario for the Project considers the treatment of 2.79 million tonnes of underground Mineral Reserves, representing 42% of the updated Mineral Resource. In addition, 9.24 million tonnes of Mineral Reserves of reclaimed tailings are treated, representing 84% of the Mineral Resource, for a total ore feed to the plant (Plant Feed Estimate) of 12.03 million tonnes. The Starter Case scenario reflects an initial design life of 9.25 years based on the campaign treatment of both underground and tailings ore through a single plant that will have a processing capacity of 1.0Mtpa when operating on underground ore feed, and a capacity of 1.5Mtpa when operating on reclaimed tailings ore. | |
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