For thousands of other reports visit RSC's Mineral Intellingence Map
Hexagon Resources Ltd.
Summary
| Project: | McIntosh | |
|---|---|---|
| Deposit: | McIntosh | |
| Location: | Australia | |
| Commodities: | Graphite | |
| Date: | 6/8/2016 | |
| Report Code: | JORC | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 8-6-2016: Hexagon Resources Ltd. announces a Pre-Feasibility Study report for its McIntosh deposit at the McIntosh project. McIntosh stage 1 PFS update - mine engineering and open pit optimisation. Hexagon Resources Limited (ASX: HXG) is pleased to announ | |
| Resources: | (Resource, I+I): 17.2Mt @ 4.63% TGC for 797200t Graphite contained at project | |
| CP/QP: | [Resources]: Tony Cormack (Internal) | |
| ABSTRACT: | Hexagon Resources Limited (ASX: HXG) is pleased to announce positive results from the initial stage 1 of the Pre-feasibility Study (PFS) work on its 100% owned McIntosh project in the East Kimberley of Western Australia. Stage 1 of the McIntosh PFS focused on the project mine engineering design to determine the parameters under which a future mining operation could be established. Pit optimisations across a range of production scenarios, consistent with the previously announced conceptual study (see ASX:HXG announcement, McIntosh – Significant Added Potential Demonstrated - 23 February 2015) of 1.2Mtpa and 2.4Mtpa throughput have both shown favourable results. Open pit optimisation work conducted by Hexagon’s independent Mine Engineering consultant has shown favourable waste to ore ratio’s across the range of potential production profiles. Stage 1 of the McIntosh PFS also determined that the most cost effective method of transport would be via the deep water Port of Wyndham using the sealed Great Northern Highway and existing all weather haul road running through the McIntosh project area. | |
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