Horizon Minerals Pours First Gold From Boorara Gold Mine

Horizon Minerals Ltd. announced first gold production from the first stage of the Boorara gold mine, 10 kilometers (km) east of Kalgoorlie-Boulder in the goldfi elds of Western Australia. The company said mining continues ahead of schedule at the Boorara gold mine. The first ore processing campaign commenced on July 17 with first gold poured on July 23 for shipment and gold revenue commencing before the end of July.

Mining commenced at Boorara on May 5 with first ore mining shortly thereafter from the Regal East pit. The Regal East and Regal West pits will be mined concurrently to enable efficient cycling of mining production and drill and blast activities, Horizon Minerals said. Mining of the Crown Jewel pit has now commenced to provide an alternative dig location as the Regal pits advance. To date, a total movement of 376,000 BCM has been mined with approximately 90,000 metric tons (mt) of oxide and transitional ore mined at a fully diluted grade of 1.5 grams per mt, in line with reserve model estimates for the upper areas of the pits.

The first milling campaign is scheduled for completion in late July with first mine to mill reconciliations shortly thereafter. Dore bullion is shipped to the Perth Mint for refining and sale with first revenue expected in coming weeks. Ore treatment campaigns will continue on a monthly basis through to January 2021.

As featured in Womp 2020 Vol 08 - www.womp-int.com