Hidden Valley gold project development summary, 1987-1991

Organization: The Australasian Institute of Mining and Metallurgy
Pages: 8
Publication Date: Jan 1, 1991
This paper summarises the development t,) date for the Hidden Valley Gold (HVG) Project. It starts with the original exploration work, covers the detailed feasibility study activities and concludes with the current phase of extra exploration drilling. A brief technical summary has been made from the various mining, process and environmental studies that were undertaken as part of the project approval process. A discussion of the influential non-technical factors is included, as well as a view of the future prospects for an operating mine. The project was always seen as marginal, given the low grades, small resource and short mine life. However the capital and operating costs were lowered with aggressive design and it was regarded an acceptable development by CRA. The opportunity was taken to review the project when delays in start-up were encountered. An updated financial evaluation showed a subeconomic resource in 1990 terms and this resulted in a new exploration phase to identify a larger deposit.
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