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St Barbara Ltd.
Summary
| Project: | Gwalia Mine | |
|---|---|---|
| Deposit: | GMX | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/22/2019 | |
| Report Code: | JORC | |
| Report Type: | Feasibility Study | |
| Project Stage: | Active Mining & Production | |
| Report details: | 22-3-2019: St Barbara Ltd. announces a Feasibility Study report for its GMX deposit at the Gwalia Mine project. Feasibility Study for Gwalia Mass Extraction project. St Barbara Limited (ASX: SBM) (the ‘Company’) has completed the Feasibility Study (FS) fo | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | St Barbara Limited (ASX: SBM) (the ‘Company’) has completed the Feasibility Study (FS) for the ‘Gwalia Mass Extraction’ (GMX) project. The GMX Pre-Feasibility Study (PFS) announced in February 2018 proposed changes in mining and haulage methods to suit the Gwalia orebody as it deepens. The FS, incorporating third party reviews by relevant subject matter experts, evaluated three main alternative haulage methods comprising: Under GMX, the LoM plan contains a change from the current mining method to suit the deepening mine, and the nature of the existing unmined lodes, which includes a move to “island pillar”4F 5 methods for narrower lodes. Exploration work continues, seeking to further extend Resources, as has occurred in previous years. | |
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