“Mining of the crown pillar of the DeGrussa orebody is being undertaken beneath the historical open pit, with the inflow following recent heavy rainfall associated with Tropical Cyclone Damien
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WhatsAppGet PriceGet A QuoteFrom the many hundreds of listed small cap explorers, barely a handful will become long-term success stories. But pick the right one as an investor and gains can be monumental. In early 2009, struggling explorer Sandfire Resources (ASX:SFR) discovered what would later become the world-class DeGrussa copper-gold mine, rapidly transforming its fortunes from a 4c penny stock into […]
WhatsAppGet PriceGet A QuotePage 3 Talisman Mining Ltd (TLM) 11 November 2015 Monty shows it’s really something special Drill result of 21.6m at 34.4% Cu better than any at DeGrussa SFR has released a further update of drilling results at the Monty Prospect, located 10km
WhatsAppGet PriceGet A QuoteFully-Funded ASX Explorer Following in Sandfire’s Footsteps. Sandfire’s DeGrussa deposit was one of the biggest mineral discoveries of recent times. As the market realised just how big this discovery was back in 2009, Sandfire’s share price leapt from $0.065 to $4, and then onwards to $8 through 2010: The past performance of this product
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The biggest WA gold discovery of the last cycle, Gold Road Resources’s (ASX:GOR) Gruyere never attracted more than $50 million in a single hit back when it was being drilled out during the downturn. It’s biggest raising, a $74 million capital injection, came post-PFS. De Grey announced a new $125 million capital raising this morning, taking the total amount of capital raised to drill and
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DeGrussa producing approximately 1.2Mtpa and Monty producing approximately 0.4Mtpa. DeGrussa The underground Ore Reserve estimate is based on an operating 1.6 Mtpa process plant producing a 24.5% copper-concentrate that contains gold and silver. Mill feed is sourced from DeGrussa and Monty with DeGrussa supplying approximately 1.2 Mtpa.
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WhatsAppGet PriceGet A QuoteDeGrussa end date approaching. SANDFIRE Resources has reported updated reserves and resources for its DeGrussa copper-gold operation in Western Australia. Reserves for the DeGrussa and Monty mines, as well as stockpiles, stands at 120,000 tonnes of copper and 117,000 ounces of gold, while resources are 164,000t of copper and 170,000oz of gold.
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WhatsAppGet PriceGet A Quote“Mining of the crown pillar of the DeGrussa orebody is being undertaken beneath the historical open pit, with the inflow following recent heavy rainfall associated with Tropical Cyclone Damien
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WhatsAppGet PriceGet A QuoteMineral explorer Strickland Metals (STK) will soon begin a diamond drilling program at the Doolgunna Project which is located in the Bryah Basin of WA. Strickland will initially drill 2500 metres to target a base metal prospect which has showed similar traits to Sandfire Resources’ DeGrussa deposits. The prospect contains a three-kilometre
WhatsAppGet PriceGet A QuoteSince the start of mining at DeGrussa early in the last decade, Sandfire has grappled with concerns about its depleting mine life. Instead it has spun profits generated from record copper prices over the last year into a step change for the company, bankrolling its $2.6 billion purchase of Trafigura and Mubadala’s MATSA mining complex in Spain.
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WhatsAppGet PriceGet A QuoteSince the start of mining at DeGrussa early in the last decade, Sandfire has grappled with concerns about its depleting mine life. Instead it has spun profits generated from record copper prices over the last year into a step change for the company, bankrolling its $2.6 billion purchase of Trafigura and Mubadala’s MATSA mining complex in Spain.
WhatsAppGet PriceGet A QuoteBreaker Resources. Here is an update to an earlier note (September 7) on Breaker (BRB) notching up a 1.08Moz resource at its greenfields Bombora discovery at its Lake Roe project some 100km east of Kalgoorlie. Breaker shares popped 5.5c, or 24%, higher to 28c on that news.
WhatsAppGet PriceGet A Quote4 Quality gold project in well established gold province 90km east of Kalgoorlie 1,209km 2(794km granted, 415km under application) Numerous drill targets surrounding Silver Lake Resources’ Aldiss Mining Centre 0.6Moz @ 2.1g/t Au 1 (mining ongoing) 38km strike of Claypan Shear Zone Hosts Bombora resource 1.0Moz @ 1.3g/t Au (Breaker Resources ASX: BRB)
WhatsAppGet PriceGet A QuotePage 3 Talisman Mining Ltd (TLM) 11 November 2015 Monty shows it’s really something special Drill result of 21.6m at 34.4% Cu better than any at DeGrussa SFR has released a further update of drilling results at the Monty Prospect, located 10km
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WhatsAppGet PriceGet A QuoteThat mining on the high-grade veins occurred from the 1800s to the 1940s. Then after World War II, we didn’t see the small miners come back, but we saw first Rio Tinto’s exploration group come into the district, recognizing that not only was there this high-grade production and occurrences, but that there was potential for bulk tonnage
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