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New Century Resources Ltd.
Summary
| Project: | Century Mine | |
|---|---|---|
| Deposit: | Century Mine | |
| Location: | Australia | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 6/25/2019 | |
| Report Code: | JORC | |
| Report Type: | Optimisation Study | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 25-6-2019: New Century Resources Ltd. announces a Optimisation Study report for its Century Mine deposit at the Century Mine project. Expansion Study for project. New Century Resources Limited (Company or New Century) (ASX:NCZ) is pleased to provide the r | |
| Resources: | ||
| CP/QP: | [Resources]: Damian O’Donohue (Internal) | |
| ABSTRACT: | New Century Resources Limited (Company or New Century) (ASX:NCZ) is pleased to provide the results of the Expansion Study (Study), incorporating Century’s current defined unmined in-situ resource deposits into the overall tailings reprocessing operations. The Century Zinc Mine (Mine or Project) is located in north-west Queensland approximately 250km from Mt Isa. Production at Century began in 2000 and was one of the largest zinc mines in the world, producing 475,000tp.a. zinc and 50,000tpa lead concentrates using conventional open-pit mining, grinding and flotation at the Lawn Hill mine site. Processed concentrates were transferred along a 304km underground slurry pipeline to Century’s port facility at Karumba, on the Gulf of Carpentaria. Concentrates were then dewatered before being transported on the M.V. Wunma transhipment vessel to export ships anchored offshore and then sold to smelters globally. The mine was placed on care in maintenance in 2016 by the then owners MMG and acquired by New Century Resources in 2017. | |
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