Horizon Minerals Pours First Gold From Boorara Gold Mine
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.