Pre-feasibility drilling at Galaxy deposit now complete with production imminent.
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Pre-feasibility drilling at Galaxy deposit now complete with production imminent.
Blakham Resources Galaxy deposit is firming up as one of the first sources of ore to feed the old Wiluna Gold Plant when it is recommissioned early next year.
Infill drilling at the Galaxy deposit which is just 13km from Blakham’s Wiluna Gold Plant has returned some encouraging results between the 80m and the 113m mark including 2.5m@12.84 g/t gold , 7.5m @ 3.58 g/t gold and 3m@3.97 g/t gold.
Significant intersections closer to surface between 8m and 35m deep were also encountered including 7.5m@3.14 g/t gold and 3.6m@6.39 g/t gold.
Blackham has a myriad of deposits to choose from when it recommissions the old Wiluna gold plant next year. All have good grades and significant existing resources totalling an impressive 4.7m ounces of gold.
However the Galaxy deposit’s at surface, high grade nature and its close proximity to the Wiluna gold plant makes it almost a certainty for first ore through the mill.
The mill is capable of churning out more than 100 000 ounces of gold per annum.
Blackham Resources Managing Director, Bryan Dixon said “Blackham’s drilling, processing and mining studies have confirmed the Galaxy deposit as a high grade shallow deposit suitable to open pit mining with good metallurgical recovery to be fast tracked towards production. The recent drilling is likely to further enhance the economics of the Galaxy pit.”
The company says that further drilling results are imminent from its Matilda and Golden Age prospects and that a resource upgrade is on the way.
Rank | Company | # | |
---|---|---|---|
20th | ![]() | Beacon Minerals | 23 |
21st | ![]() | Tribune Resources | 22 |
22nd | ![]() | Wiluna Mining Corporation | 11 |
23rd | ![]() | Rand Mining | 7 |