Search Documents

By P Waters, P Hollings, M Baker, D R. Cooke

Over the last three million years, porphyry and epithermal mineralisation in the Baguio Mineral District has been driven by calc-alkaline magmatism associated with the subduction of the South China Sea plate and the Scarborough seamounts beneath northern Luzon, Philippines. Coupled with extreme uplift and exhumation rates, mineralisation in the Baguio District has been responsible for the emplacement of over 922 million grams of gold. As one of the oldest intrusive bodies associated with the Baguio District, the Black Mountain Cu-Au deposit consists of at least five intrusive phases overprinted by potassic and propylitic alteration and sulfide mineralisation. Gold ore grades are low and molybdenum grades high with respect to other porphyry Cu-Au deposits in the Baguio Mineral District. An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation.

Jan 1, 2008

By J de Witte

When used in suitable ground conditions, rock bolts can have advantages over other permanent tunnel lining solutions. Permanent rock bolts offer flexibility in tunnelling profile and rapid rock bolt installation can enable time and cost savings. There are also disadvantages when considering the suitability of rock bolts for permanent support installations. These generally concern achieving the specified durability requirement over the specified design life. By investigating alternate approaches to rock bolt installation, quality assurance (QA), monitoring and design life it may be possible to alleviate some of these concerns.The design and construction benefits that can be realised through the use of rock bolts are primarily related to reducing project program time. This time reduction could be realised if rock bolts are considered as a permanent solution, with the installation being completed as a part of the primary excavation cycle. Any reduction of the program could allow direct and indirect cost savings and in the case of a major project, allow the revenue stream to be realised earlier.Currently ambiguity exists where the treatment of rock bolts as permanent support components is inconsistent with that of (often identical) ground anchors, as utilised in stabilising cut and cover structures. The ground support design process, implementation and testing are generally similar, though the acceptance of rock bolts as long-term support elements is treated differently to ground anchors in technical specifications.This paper discusses some of the benefits available through the use of rock bolts. It offers different solutions to the concerns surrounding durability, including alternate approaches to installation, Quality Assurance practices and monitoring solutions. The selection of an alternate design life is also investigated as another means of alleviating concerns around long-term durability. The paper will also provide an indication of savings that could be expected through the use of rock bolts as part of a long-term support system.

Mar 8, 2011

By R Price, B H. Miller

"The rise of autonomous haul truck fleets may have been initially driven by the rapid escalation of the cost of equipment operators, but the actual improvements reported by the major iron ore miners far exceeds the simple reduction in workforce. Utilising cost models developed for feasibility studies and mining contract modelling, the limits of cost improvements due to simple labour reductions are compared to those achieved by the early autonomous fleet adopters and through traditional process improvement techniques such as fleet class upgrades or hot-seating of equipment. As autonomous fleet implementation matures, it is likely that the gains seen by current adopters will seem minor compared to the limits generally governed by the limit of equipment utilisation. This ultimate limit is explored through time utilisation models, which were also developed for use in feasibility studies and mining contract modelling.Citation:Miller, B H and Price, R, 2016. Autonomous Haul System Savings - It's Not about Less Truckies but Better Truckies!, in Proceedings Ninth AusIMM Open Pit Operators' Conference 2016, pp 2–10 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Nov 15, 2016

During 2009 the technical services staff at Barrick Gold Corporation's Australian Business Unit conducted a review of their five underground mines that utilise pastefill as the backfill component for these operations. Of the five mines reviewed three use dry tailings and two use wet tailings plants. The primary aim for these reviews was to determine whether pastefill was the right option to be used, and if not, what where the alternatives. The reviews undertaken focus on several areas including, paste plant operation, reticulation and barricade techniques, the geotechnical requirements for pastefill in regards to the current mining methods, the consideration of alternative methods, capital and operating cost histories compared to initial estimates, and a cost benefit analysis of pastefill against other mining methods. The main benefits from the use of pastefill is increasing the extraction of the resource, reducing or eliminating the need to leave pillars. In some mines the use of pastefill is geotechnically driven, to manage high stress environments or mining induced seismicity. A third benefit of using pastefill in some circumstances is that it reduces dilution, however it is considered that this is not a valid argument for most of the mines reviewed. At two mines no alternative to pastefill was determined, whilst differing extraction and filling strategies were potentially identified at the other three mines. The reviews developed cost benefit curves for those sites that had alternative mining methods to assist in determining whether pastefill is the right option to use for any particular stope. At the grades typically mined in each operation, pastefill was the preferred option to use. In all mines, pastefill was determined to be the best option at this time.

Nov 25, 2010

By A Yáñez, P Vallejos, R Grau, J Yianatos

In flotation cells, especially in large flotation units, froth management is a crucial variable that should be considered during the design phase or optimised to improve the performance of existing flotation circuits. This paper presents a simulation evaluation of the effect of launder design on the metallurgical performance of an industrial flotation circuit consisting of five TankCell® e630 (630 m3 ) cells in a Cu rougher duty. This analysis was carried out using a new industrial simulator, which was built on a wide database collected from many industrial concentrators. This tool is currently incorporated into HSC Chemistry® software and allows evaluation of the effect of launder design on mineral froth recovery, water recovery, entrainment, and other variables to be quantified. The industrial flotation circuit was evaluated under different launder design scenarios, considering an actual flotation circuit that includes TankCell® e630 cells for calibration and as a reference (baseline). Firstly, two different designs were evaluated in the full circuit: a standard launder design and a new launder technology. It was found that the new launder technology enabled improvement of the mineral recovery along the circuit, mainly for coarse particles, due to the improvement in froth mineral recovery. Next, the partial upgrade of the launder design along the circuit was analysed. Thus, the new launder technology was evaluated in the first and the last two cells of the bank. The results showed that upgrading the launders in different cells along the circuit delivered an increase in the final recovery with respect to the baseline, with a partial impact on the concentrate grade. However, these changes are less than those when evaluating the full upgrade scenario. A partial launder upgrade either in the first or last two cells of the bank showed similar final recoveries, but the latter enabled a slightly higher concentrate grade (about 1 per cent higher) to be achieved. Finally, the evaluation of launder design using the industrial simulator made it possible to estimate its effect on variables that are not commonly obtained from plant surveys, including froth recovery per particle size, collection recovery per particle size and liberation, gangue entrainment and bubble loading grade.

Aug 24, 2022

By J Wheeler

The objective of this paper is to examine the operation of high frequency screens in closed circuit grinding, where the outcomes achieved indicate favourable economic gains at the comminution stage and downstream processes, including flotation, dewatering, and filtration operations. The classification process in grinding circuits has been slowly evolving within the last century. The history of classification devices brings to mind rake classifiers and spiral classifiers, which although having higher efficiencies compared to hydrocyclones, were not able to keep pace with the evolution of concentrator equipment treating higher tonnages. This higher tonnage throughput has tended to drive the concept of utilising hydrocyclones as the classification stage in closed grinding circuits. The comminution process is commonly the most energy intensive stage of mineral processing. Researchers have determined that the classification stage in the comminution process has the greatest potential for improvement. This paper is intended to inform mineral process engineers of the benefits that high frequency screens offer over hydrocyclones. This will be done by reviewing the purpose for the evolution of classification in the comminution process, documenting past and recent studies, and explaining the modern technology that is currently available.

Aug 8, 2011

Discontinuities often have a very detrimental effect on the stability of mine highwall faces. The west wall of the Muja open cut is remarkable for the number and variety of discontinuity sets which occur over a relatively small area. To-date 14 separate structural domains have been identified over an area measuring approximately 560 m by 120 m.The structural domains have been grouped into four structural assemblages on the basis of their angular relationships to each other and to regional folding and faulting. The distribution of these structural assemblages appears to be erratic and no controlling factors have been identified to explain or predict them other than in the most generalised terms.

Jan 1, 1993

By P Jere

Mechanically coupled rock bolts encapsulated in cementitious or polyester cartridge resin grouts have been widely adopted for various underground rock reinforcement applications. Resin grouts are considered a superior product, however, both systems have their advantages and limitations, with the relative performance, quality installation cost and cycle time as the most notable parameters. Both applications have optimal rock bolt combinations and preferred ground conditions. Cementitious grouts are favourable for use with secondary deep embedment anchors. These are installed using various equipment with a series of autonomous tasks required to complete the installation cycle. The cartridge resin system can be utilised by a bolting or face boring rock drill to complete the full support installation cycle. This reduction in equipment changeouts mid-cycle generally deems it the more practical application and popular choice for primary support. Self-drilling anchors (SDAs) and hollow bolts have been a viable alternative to traditional rock reinforcement in variable and challenging ground conditions. Using a pumpable post installation grouting system, SDAs have proven to aid the quality of installation, but due to the additional equipment and cycle steps associated with application, the cycle time is increased. In recent years, fully mechanised bolting equipment designed to utilise a combination of self-drilling anchors and a thixotropic pumpable resin installed in a single pass has entered the market. This innovation is anticipated to deliver the advantages described above, with fewer limitations, and significantly improved development and rehabilitation rates. St Barbara Mining and Byrnecut Australia, supported by Master Builders Solutions, were first to conduct extensive trials and implement this rock bolting approach in an Australian hard rock underground mine and record the actual performance.

Mar 29, 2023

By N K. DavT, A Coggan

The performance of in situ, shallow water covers in controlling acid generation was evaluated at four recently decommissioned pyritic uranium tailings sites at Elliot Lake, Ontario, Canada. The tailings are acid generating, having a pyrite content of approximately five to ten per cent and a very low to non-existent alkaline buffering capacity. Adverse market conditions led to the closure of all operating uranium mines in the early- to mid-1990s, followed by rehabilitation and decommissioning of mine and waste management facilities. In order to control acidic drainage, all new and active tailings areas at Denison, Quirke, Panel, Spanish-American and Stanleigh mine sites were re-engineered to provide in situ submersion of these tailings under shallow water covers. The tailings impoundment dams were upgraded and reinforced or in some cases reconstructed, to minimise seepages and provide a minimum 1 m depth of water cover. With the exception of Stanleigh mine, which was closed in 1996 and rehabilitated during the late-1990s, the water covered Tailings Management Areas (TMAs) at other sites have been in operation for a period of six to nine years. The surface water quality at these sites is maintained at near neutral pH conditions by periodic addition of lime slurry to the established water covers. Additional treatment of effluent is provided as required to meet the discharge water quality standards. The performance of the established water covers at the sites was evaluated by analysing the annual equivalent limestone consumption data. The results were compared with the performance of an older, decommissioned Nordic TMA, which was rehabilitated using revegetation techniques. The water covers at these sites are performing as designed and acid generation has been reduced to low levels. Based on the total amount of yearly equivalent limestone required to maintain water quality in the water cover and at the effluent treatment plant, it is concluded that acid generation rate at the Denison TMA has reduced to less than 0.15 per cent of its pre-water cover conditions during normal operation and rehabilitation periods. In comparison to the revegetated Nordic TMA, the acid generation rates at Denison and Panel TMAs have decreased to less than 1.6 per cent of that at the Nordic TMA. The acid generation rate at the Quirke TMA was comparable or only slightly lower than that at the Nordic TMA because of its unique terraced cell configuration, having tailings in five hydraulically interconnected cells at different elevations. Historic acidity and oxidation reaction products, accumulated during normal operating and pre-water cover periods, are flushing from upstream locations to downstream cells, thus requiring much higher equivalent limestone additions for acid neutralisation and effluent treatment.

Jan 1, 2003

By J Seccatore, T Marin, M Cardu, G De Tomi, F Galvão, A Rezende, E Melo

Small-scale mining operations are characterised by a large variety of equipment availability and a high level of operational flexibility. Mine planning is usually scarce or absent in small quarries in Brazil, and mine management generally focuses on daily operations. As a result, analysis of the effects of unit operations, such as blasting, over the whole mining process is often neglected. The goal of the following project was to study the effect of production blasting on loading and hauling times, secondary breaking times and primary crushing times at the Experimental Mine of the Research Center for Responsible Mining of the University of São Paulo, Brazil. The operations analysed included blasts that performed:under the average operational standard, defined in this paper as Case 1according to quarry standards, defined in this paper as Case 2.In order to establish the effects of blasting on the downstream process, three key performance indictors were used:The time taken to load the truck, when there is the need for material selection. Due to the fact that we do not have an operational baseline, the increase in time cannot be established, meaning that we must content ourselves with comparing the mean time in each scenario.The average time used for secondary breaking machinery.The time required for the primary crusher to fully process the load of a single truck. The results obtained indicate correlations between the coarseness of the blasted material and these operational times. Solutions are suggested and evaluated for the improvement of the small-scale mining process.CITATION:Marin, T, Melo, E, Seccatore, J, Cardu, M, Galvão, F, Rezende, A, Bettencourt, J and De Tomi, G, 2015. The effect of drilling and blasting performance on fragmentation in a quarry and time for loading, secondary breakage and crushing, in Proceedings 11th International Symposium on Rock Fragmentation by Blasting, pp 355–362 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 24, 2015

By M Haydon

How do you portray a large structurally and stratigraphically complex deposit to return a meaningful resource estimation, and produce a geological model that is useable for planning on a daily basis? The George Fisher Mine is located 22 km north of Mount Isa and forms part of XstrataÆs Zinc Group operations. It is currently a major producer of zinc, lead and silver in the region with an estimated total resource for all categories of 127 Mt at 100g/t Ag, 5.3 per cent Pb and 9.2 per cent Zn (June 2005). Production in 2005 totalled 2 647 492 wet tonnes for 317 699 kg Ag, 140 317 tonnes Pb and 230 331 tonnes Zn from underground operations. George Fisher (GF) consists of two deposits that are structurally complex on a mine scale, George Fisher North (GFN) and George Fisher South (GFS). Regional faulting has resulted in a 2 km long package of variably pyritic shale and siltstone that separates the deposits. This paper looks specifically at GFN. Distinct correlations exist between the two deposits based on stratigraphic matches; however, orebody characteristics, geometry and fault architectures differ significantly between the two. The deposits consist of multiple, sedimentary-hosted, stratiform orebodies from 2 to 25 m wide, separated by waste intervals of variable width. Each ore-waste interval is modelled as an individual geological domain. Structurally, George Fisher North (GFN) contains a series of major late-stage NE faults with dextral offset(s) of up to 130 m. Further complexity is added by NS, NW and NNE striking fault orientations that can produce either a loss or repeat of stratigraphy, local drag folding, orebody attenuation and block rotation. Due to this structural complexity and orebody offsets, domains at GFN are further divided into fault blocks (FB). The GFN model comprises eight FBs over a strike length of 1 km, all of which are modelled independently. As drilling progresses and additional resources are converted, further FBs will be added at major fault offsets to accommodate orebody and model expansion. This will be in addition to what is already a large and time-consuming data set to manage and update. For example, each FB has 18 domains each with two constraining wireframes (hanging wall and footwall). Each wireframe has several sets of point data depending on the type of data available, ie diamond drilling, mapping or interpretation points. This equates to over 1100 separate files to manage. Additional wireframes and files are also required for major structures, daily planning requirements and block model runs. In total some 1500 files are managed, updated and maintained for GFN alone. The ongoing need to expand as a business and optimise production in the current economic climate where there is a global demand for metal has led to an increase in production at GF. This has resulted in a rapidly growing data set and highlights the importance of practical and efficient modelling to achieve a meaningful resource estimate. This paper focuses on the geological modelling, modelling approaches and techniques employed for the GFN deposit.

Jan 1, 2006

By D G. Rantucci

Organic carbon is a major ore contaminant at MMG’s Century mine. This carbonaceous matter is associated with shale hosted sphalerite mineralisation. It occurs as elongated lamellae and as inclusions in porous sphalerite aggregates which are fine grained and difficult to liberate from sphalerite. The carbon prefloat circuit was designed to remove the liberated organic carbon in order to mitigate excessive reagent consumption, contamination of the lead and zinc concentrates and poor flotation performance in the primary zinc circuit. The consequence of organic carbon removal is that sphalerite and galena minerals are lost to the prefloat concentrate. A Jameson Cell was installed in late 2005 as a prefloat cleaner cell. Operational experience showed that the cell became capacity limited during periods of high amounts of organic carbon in the feed and was subsequently bypassed.Reactive style operating strategies were implemented to manage the effects of insufficient organic carbon removal by the prefloat circuit but due to the relatively large circuit residence time, upstream changes meant hours before the downstream circuits were stabilised following a disturbance from excess carbon.This paper describes the modifications and testwork undertaken to enable the Jameson Cell to be operated during periods of high organic carbon in the float feed and the implementation of process control initiatives to proactively remove the required prefloat mass from the float feed to eliminate the reactive style operating strategy.The process control modifications centred on dynamically targeting a prefloat mass recovery determined by an equation relating the carbon to zinc ratio to the carbon prefloat mass as a percentage of the float feed. The equation was developed by analysing historical data. These improvements served to optimise the prefloat circuit and consequently stabilise the downstream lead and zinc circuits.

Aug 8, 2011

By D Kent, J Bullock, M Wilkinson

Over the last few years at Glencore’s Mount Isa Copper Operations (MICO) mining conditions have become increasingly challenging through lower head grades and higher work indices. MICO has had great success improving operating efficiencies and increasing productivity through focusing on technology, innovation and operational discipline. The recent implementation of the Mine Site Technologies (MST) ImPact System has supported the continued transformation of the MICO operations through improved personnel safety and direct measurement of productivity. The ImPact System has implemented new safety systems such as the heavy vehicle proximity detection system, underground personnel tracking system and emergency evacuation dashboards improving the overall safety of the workforce. The ImPact System has facilitated productivity improvements via real-time equipment and personnel monitoring, and the implementation of exception reporting (personnel productivity), KPI reports and production dashboards, and transparent reports highlighting developing maintenance issues.This paper discusses the components of the ImPact System, the current installation at MICO, and critically analyses the implementation processes and right sizing of the system to meet the needs of the business today and into the future.CITATION:Bullock, J, Kent, D and Wilkinson, M, 2017. Productivity and safety improvements supported by MST’s ImPact System at Glencore’s Mount Isa Copper Operations, in Proceedings 13th AusIMM Underground Operators’ Conference 2017, pp 279–286 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 16, 2017

By S Robertson, I Buitrago

Mine life cycle planning and enduring value are taking centre stage to meet corporate goals and deliver socio-economic outcomes for communities over the life of a mine. There is a general agreement in the literature about mining-induced effects on locals adjacent to mining operations and subsequent closure. In response, international regulatory bodies, through the implementation of global agendas, encourage exploration and mining companies to embrace the concept of corporate social responsibility. This concept is designed to provide sustainable outcomes and maintain a social license to operate over the life of a mine. This paper proposes a practical application of the sustainable livelihood approach as a tool for international planning. With this approach as the governing framework, this paper proposes an innovative tool for mine life cycle planning. Based on the findings, this paper discusses the socio-economic impacts of mining and mine closure. It also argues that transferring some of the benefits from mining to create lasting value for communities needs to be considered at the initial stages of planning for the mine and the community. Findings also indicate that conditions such as a strong local government, good governance arrangements, relevant capacity-building for sustainable livelihoods and a diversified economy are important to transferring some of the benefits from mining to create lasting value for communities. The paper is based on a mixed research technique for data analysis and a case study methodology. The case studies were conducted in Australia and Colombia.CITATION:Buitrago, I and Robertson, S, ?2014. Mine life cycle planning – creating lasting value for communities, in Proceedings Life-of-Mine 2014 , pp 301–312 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 16, 2014

By J Jackson, D C. Curry, A C. Keith

Australian Bureau of Statistics (ABS) data shows that since 2006 the balance of capital costs associated with mine development has become weighted greater than 75 per cent to enabling infrastructure and less than 25 per cent on process plant, equipment and machinery. The well-developed mine planning techniques including pit optimisation and scheduling and process plant design and optimisation have typically proceeded in a linear fashion from geology, mine planning, through processing, with some iterations back to the mine. Only then is attention paid to planning and costing of enabling infrastructure in any detail.Optimisation has typically involved developing cut-off grades, mine plans and schedules and ore processing that produces maximum economic ore. Infrastructure has then been sized æto suitÆ the mining and processing core business drivers.What the ABS data, together with global trends, indicates is that infrastructure can no longer be an afterthought if miners wish to achieve robust project value estimates, realistic ore to market costing and resource statements based on achievable economic cut-off grades.In addition, with such a large proportion of the costs originating from non-mining or processing activities, a mining operation can only be truly optimal if these aspects are given due consideration in the mine design stages, based on quality geometallurgical inputs so that the size and cost of enabling infrastructure is optimised to maximise project value.This paper outlines an iterative holistic approach to mining project development, which integrates the geometallurgical approach and enables infrastructure planning into project design and evaluation. It presents case studies showing reduced overall costs, increased net present value (NPV) and reduced project delivery timelines.CITATION:Curry, D C, Keith, A C and Jackson, J, 2013. Is a 2.5 per cent success rate good enough? Traditional mine development methods have the tail wagging the dog, in Proceedings The Second AusIMM International Geometallurgy Conference (GeoMet) 2013 , pp 113-128 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 29, 2013

By P Vaikkattil, K Li, J Bullock

Unlocking maximum value is essential when designing a stope and the associated drill and blast packets. This is becoming increasingly important at Olympic Dam as the operation continues to expand south into the new mining areas away from existing infrastructure, increasing operating costs and required capital investment; into areas with less competent ground conditions, requiring smaller stopes and increased interactions. The introduction of Orica’s WebGenTM system is one way in which Olympic Dam can continue to unlock value into the future by decoupling traditional drill and blast limitations. The Lime 390 stope was the first stope at Olympic Dam to trial the new technology on the last blast packet. This paper reviews the drill and blast design of the Lime 390 stope, including the technical and operational challenges associated with the stope and the trial of the Orica’s WebGenTM system for the firing of the last blast packet.

Mar 15, 2021

By A Mehrani, F Zamani, A Dehghani

Vibrating screens play an important role in the dry classification circuit of Gol-e-Gohar iron ore processing plant. This circuit was designed to classify the autogenous mill discharge and produce a suitable feed, with K80 about 450 ¦m, for dry magnetic separators. Three parallel vibrating screens produce more than 50 per cent of the separatorÆs feed. The efficiency of the magnetic separator is greatly affected by feed size distribution. In this work, the JKSimMet 5.1 software was used as an analysing tool to assess the flow rates and USIM PAC3 software as the simulation tool to control and optimise the vibrating screens. Samples were collected and the circuit was mass balanced. Then the vibrating screen was simulated and adjustment parameters such as cut-point, bypass and imperfection factor were determined. The product streams of vibrating screens can also be predicted.

Jan 1, 2007

By J White

The Eyre Peninsula (EP) has been known for its iron ore for more than a century. Edward John Eyre noted the ironstone outcrop at what is now Iron Knob in the 19th century. Sir Douglas Mawson visited and reported on the geology of the lower EP in 1906, noting the widespread presence of iron stone and the likelihood of copper being associated with the iron stone. Despite this knowledge there has been only one successful iron ore mining region developed on the EP and that is Iron Knob and the Middleback Ranges which have been mined continuously since 1899. The Middleback Ranges can justly lay claim to be birth place of the Australian iron ore and steel industries.The discovery of large scale haematite resources in Western Australia meant that there was no need to seek out iron ore that needed benefi ciation. The low price of iron ore precluded further development of the EP and many other areas in Australia and overseas. This situation changed rapidly in the mid-2000s with the emergence of China as the world’s industrial power house and the soaring demand and price for many resources including iron ore. This triggered a flurry of activity across Australia and led to the rapid exploration and drives to develop the EP iron ore. A brief examination of the magnetic maps of the EP shows the wide spread presence of magnetite and associated smaller haematite deposits. A closer look reveals the magnetite deposits to vary in formation style and host rock lithology as well as being significantly altered by regional metamorphism. *This is an abstract only. No paper was provided for this abstract.*

Jul 11, 2011

By J R. Robinson

Prior to mine development, exploration drilling within the Luise Caldera on Niolam Island encountered gold mineralisation to the northwest of the main Minifie and Lienetz orebodies. This mineralisation was referred to as the Kapit orebody, and ten diamond drill holes were subsequently completed over the area to investigate its economic potential. Several significant mineralised intercepts were returned. These were interpreted using the orebody model developed for Lihir at that time which invoked a strong horizontal control to mineralisation. Additional consideration was given to the elevated geothermal temperatures encountered, the proximity of the mineralisation to the ocean, and its perceived depth below sea level, resulting in the Kapit area being given a low priority for follow up investigation. As a result, no further work was completed over Kapit until recently. The Kapit orebody was the target of an intense diamond drilling programme during 2002/2003. Data from this latest round of drilling has significantly improved understanding of the mineralisation and associated geology. The significant orebody now delineated at Kapit substantially differs from past interpretations, and the latest data has upgraded its economic potential. A resource estimate and other critical studies completed in 2003 enabled an updated reserve statement to be issued in February 2004 including the Kapit mineralisation for the first time. Total Probable Reserves at Kapit stand at 25.2 million tonnes (Mt) at 5.28 grams of gold per tonne (g Au/t), for a total of 4.3 million ounces (Moz) of contained gold.

Jan 1, 2004

The Abra mineralized body is regarded as a significant new style of mineralization for its environment. It is a blind polymetallic deposit, located in the Bangemall Basin of Western Australia. It was discovered by Geopeko in 1981 by diamond drilling a coincident magnetic gravity target, which revealed a large low grade epithermal Fe-Ba-Pb-Ag-Cu-(AuW) deposit, hosted by chemogenic and clastic sedimentary rocks, overlain by 200-500 m of clastic sedimentary rocks, of Middle Proterozoic age. The mineralization occurs as an upper stratabound phase, and a lower vein "stringer" style phase within a pervasive chlorite alteration envelope.

Jan 1, 1987