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Tagged with: Reports

Jan 2011 - Mariana Resources

Mariana Resources Limited (MARL.L) –Advancing Las Calandrias towards an Initial Targeted Resource of 0.5moz to 1.0mozAu

Feb 2011 - Gryphon Minerals

Gryphon Minerals Limited (GRY) –Heading for Production of >150,000ozpa from 2013, Backed by a >3moz Resource at Banfora

Mar 2011 - Catalpa Resources

Catalpa Resources Limited (CAH) – Targeting Gold Production of 150,000ozpa to 200,000ozpa or so at Cash Costs of ~A$550/oz to ~A$580/oz by June 2014

  • Catalpa’s gold production is currently derived from its wholly owned Edna May open-cut mine at ~100,000ozpa and cash costs of ~A$750/oz in WA, and 30% of the Cracow underground mine realising ~30,000ozpa at cash costs ~A$550/oz. Cracow completed a 20% mill expansion in January 2010 and may be treating higher grade ore which could increase CAH's 30% share, closer to ~35,000ozpa.
  • The higher grade ore at Cracow could come from the expected extraction of the sill/crown pillars at Royal Standard and Crown (as they approach the end of their lives), together with the newly defined Empire, and extra long Phoenix, orebodies.
  • At Edna May, the commissioning and plant ramp up has taken longer than expected due to a number of internal and external factors that have gradually been resolved such that the June Quarter 2011 could be closer to ~100,000ozpa at cash costs of <A$700/oz. However, it is the progress that had been made on the understanding of the Edna May mineralisation and underground potential that could significantly transform Edna May and hence Catalpa.
  • Catalpa has established that the pegmatite zone appears to steeply dip north and passes across the orebody from the northern hangingwall to the southern footwall such that the proposed underground mine should be essentially pegmatite-free. The lodes also appear to be uniformly striking NE/SW and E/W, forming a hinge and apparent curved shape.
  • The proposed underground has the potential to significantly transform Edna May, even at an initial rate of ~150,000tpa @ 9g/t for ~40,000ozpa to 45,000ozpa could materially increase production to ~150,000ozpa and reduce cash costs to the ~A$550/oz region (assuming that the Tungsten by-product is also viable).

Jun 2011 - Phoenix Gold Ltd

Phoenix Gold Limited (PXG) – Increasing Resources to at least 1.5moz

Jul 2011 - Silver Lake Res

Silver Lake Resources Limited (SLR) – Unravelling the Secrets behind the Formation of the Gold Mineralisation at SLR's Mount Monger as Production heads towards ~250,000ozpa by 2014.

Jul 2011 - Alacer Gold

Alacer Gold Corp (AQG) – Targeting a ~50% Increase in Gold Production to >600,000ozpa (ERA estimate) by 2014

Sept 2011 - Focus Minerals Ltd

Focus Minerals Ltd (FML) – Building its Current operations (Coolgardie & the Mount) up to 100,000ozpa to 150,000ozpa for >5years

May 2012 - Gryphon Minerals

Gryphon Minerals Limited (GRY) – Finalising Completion of a DFS by end SQ2012, to Commence Production at >200,000ozpa from 2014

May 2012 - Convergent Min

Convergent Minerals Limited (CVG) – Targeting an Upgraded Resource from its Blue Vein Prospect by September Qtr. 2012

Jun 2012 - Phoenix Gold Ltd

Phoenix Gold Limited (PXG) – Targeting Resources of ~2.5moz by DQ 2012, while Self-funding its Exploration

Jul 2012 - MacPhersons Res

MacPhersons Resources Ltd (MRP) –Bringing the Nimbus Silver Mine back into Production

Aug 2012 - Kingsgate Cons

Kingsgate Consolidated Limited (KCN) – Establishing a Gold Production Base of ~250,000ozpa Ahead of Bringing its Silver Mine Projects on-Stream

Nov 2012 - Chesser Res

Chesser Resources Limited (CHZ) – Preparing for its Scoping Study at its Kestanelik Gold Project in Western Turkey

Dec 2012 - Focus Minerals Ltd

Focus Minerals Ltd (FML) – Awakening the Sleeping Giant to produce >200,000ozpa

May 2013 - Indochine Mining

Indochine Mining Limited (IDC) – Focusing on its Bonanza Grade ore zones to upgrade its Mt Kare ore resources by mid-2013