Review and Pit Optimization of Eti Gümüs Silver Mine in Turkey

Size: px
Start display at page:

Download "Review and Pit Optimization of Eti Gümüs Silver Mine in Turkey"

Transcription

1 Review and Pit Optimization of ti Gümüs Silver Mine in Turkey (according to international standards) Authors: Dirk Wagner Senior Project Manager IMC-Montan Consulting GmbH Muhanned Arar GM xploration and Development Yildizlar SSS Holding Ulrich Ruppel Mining Director (CP Mining AusIMM) IMC-Montan Consulting GmbH 2013 October Slide Page 1 I

2 Contents 1. Introduction 2. Project 3. Base Parameters 4. Results 5. Future 2013 October Slide Page 2 I

3 Contents 1. Introduction 2. Project 3. Base Parameters 4. Results 5. Future 2013 October Slide Page 3 I

4 Introduction ti Gümüs largest silver producer in Turkey Preparation for IPO (Istanbul) International Mining Consultancy was required for preparation p of a report following Canadian NI / JORC Code Yildizholding selected IMC-Montan Consulting, a subsidiary of DMT GmbH & Co. KG, member of TÜV-Nord Group Scope of Work: - Operational and Life of Mine Plan (LOM) - NI / JORC Code report 2013 October Slide Page 4 I

5 Introduction YILDIZLAR SSS HOLDING A.S. MINING GRUOP CRAMIC/GRANIT GROUP NRGY &PTROL OTHR SRVIC TI GUMUS A.S. SOGUTSN SRAMIK AS A.S. 3S NRJI A.S. YSSS NTGR ORG.TAR.A.S. A YILDIZ BAKIR A.S. GRANITO GIRARTO A.S. GUMUS PTROL A.S. 3S NAKLIYAT A.S. NSKO MADN A.S. 3S MADNCILIK A.S. DDLI DOGALGAZ A.S. 3S SIGORTA A.S. RASİH İHSAN LTD.STI. DDLI LKTRIK NRJI A.S. YILDIZLAR SSS PLAZA TURIZM A.S. ZAMANTI MADN LTD.STI. OSMANGAZI LKTRIK DAGITIM A.S. YILDIZLAR LAB.ANALIZ ANALIZ HIZ.A.S. YAVUZ MUH. A.S. SNA YATIRIM INS.A.S. DDLİ YATIRIM A.S. SILVR KORUMA GUVNLIK A.S October Slide Page 5 I

6 Introduction TÜV NORD Group (Germany) 100% DMT GmbH & Co. KG (Germany) 100% 50% 100% 100% 74% DMT Geosciences Ltd. (Canada) IMC-Montan JV (Russia) IMC Group Consulting Ltd. (UK) IMC-Montan Consulting GmbH (Germany) PT IDMT C (Indonesia) 51% IMC-SRG Services & Consultancy Ltd. (India) IMC-GCL Office Jo Burg (SA) 2013 October Slide Page 6 I

7 Introduction TÜV NORD Group (Germany) 100% DMT GmbH & Co. KG (Germany) Planned in 2013/14 DMT-IMC Turkey 100% 50% 100% 100% 74% DMT Geosciences Ltd. (Canada) IMC-Montan JV (Russia) IMC Group Consulting Ltd. (UK) IMC-Montan Consulting GmbH (Germany) PT IDMT C (Indonesia) 51% IMC-SRG Services & Consultancy Ltd. (India) IMC-GCL Office Jo Burg (SA) 2013 October Slide Page 7 I

8 The Parent Company DMT GmbH & Co. KG at a glance 130 Mio. annual turnover (2012) Approx. 660 employees 16 government approved expert bodies for safety 3 accredited testing laboratories 75 government approved experts 2013 October Slide Page 8 I

9 Services for the Mining Industry deposit-modelling mine planning greenfield development process design mine site rehabilitation assistance during operation 2013 October Slide Page 9 I

10 Scope of Services IMC Geology & Orebody Modelling Resource/Reserve stimates compliant to JORC or NI Bankable Studies ngineering Services - Mine Design - Process Design Project Management Services nvironmental & Social Impact Assessments Rehabilitation of Mine Sites Investors Support - Due Diligence - Mineral xpert Report - Project Valuations Management Assistance during Operation 2013 October Slide Page 10 I

11 1 re 0 3 zr le d z Geology & Resources (DMT-G) Services Mapping xploration Resource evaluation Geological risk analyses Planning and supervision of Software xpertise SURPAC DATAMIN VULCAN SURFR IRAP RMS PTRL MINX ROCKWORKS LYNX 2D and 3D seismic surveys Geoelectrics, gravimetry a.o. Prospecting and drilling Sampling and QC Borehole geophysics Fl. 24 K B m 1072 m 1074 m 1076 m Intersaction Plane of division Birdview SH SP8 SP Seam24 SP 1078m SH 1080 m 12 SP SP SP SP 6 SH SP Bedding Jo oints Be edding plane (S Slickenside) xternal form of parting Geotechnical analysis of rocks 6. Co ondition O O O O G G O 7. M ineralizing X X O O X X O ug ur. Bedding gb we B100 B80 B60 B40 2. Thickness B20 B10 ko ab ge. Properties of rocks RQLD Rockstrength Splitting strength [N/mm²] Axial Diametral [ N / mm² ] 85,5 57,8 33,2 52,9 40,0 56,7 60,6 14,4 27,7 37,6 14,4 14,4 9,6 14, , ,1 27,7 21,8 8,6 5,1 7,2 8,4 6,9 4, October Slide Page 11 I

12 Rock Mechanics Geotechnical Assessments Stabilisation of Mine Workings Assessment of underground excavations Simulation and Testing of Roof Support elements Rock Burst Prevention Pit Slope Stability & Stabilisation 2013 October Slide Page 12 I

13 xtraction & Haulage xtraction Technologies for Coal & Ore Layout and design of Shovel & Truck Long Wall R&P Bucket Wheel Mines Life of Mine Plans Layout and design of haulage systems Layout and Design of Backfilling Plants 2013 October Slide Page 13 I

14 Mineral Processing Processing Technologies Coal Iron Ore Base Metals Lab and Pilot Plant Testing Simulation Software for Processing Flow Sheet Development Design of Beneficiation Plants Project Management Services 2013 October Slide Page 14 I

15 Specialist Services Underground Mine Ventilation Coal Mine Methane & Utilisation Mine Closure Planning Subsidence Control Hydrogeology and Mine Water nvironmental Services Methane Inflow Forecast Calculation Gas Outburst Prevention Mine Safety Audits 2013 October Slide Page 15 I

16 Introduction NI Item 1: Summary Item 14: Mineral Resource stimates Item 2: Introduction Item 15: Mineral Reserve stimates Item 3: Reliance on Other xperts Item 16: Mining Methods Item 4: Property Description and Location Item 17: Recovery Methods Item 18: Project Infrastructure t Item 5: Accessibility, Climate, Local Resources, Infrastructure and Physiography Item 19: Market Studies and Contracts Item 20: nvironmental Studies, Permitting and Social or Item 6: History Community Impact Item 7: Geological Setting and Mineralization Item 21: Capital and Operating Costs Item 22: conomic Analysis Item 8: Deposit Types Item 23: Adjacent Properties Item 9: xploration Item 24: Other Relevant Data and Item 10: Drilling Information Item 11: Sample Preparation, Analyses and Security Item 12: Data Verification Item 13: Mineral Processing and Item 25: Interpretation and Conclusions Item 26: Recommendations Item 27: References Metallurgical Testing 2013 October Slide Page 16 I

17 Contents 1. Introduction 2. Project 3. Base Parameters 4. Results 5. Future 2013 October Slide Page 17 I

18 Project - Location 2013 October Slide Page 18 I

19 Project other key data Historical production up to 4 Mt/a Target: Stable production of 4.32 Mt/a Resource grade (measured and indicated): g Ag/t and 0.68% Zn Potential for re-processing of tailings g Ag/t 2013 October Slide Page 19 I

20 Project - pictures 2013 October Slide 2007 Page 20 I

21 Project - pictures 2013 October Slide Page 21 I

22 Project - pictures 2013 October Slide Page 22 I

23 Contents 1. Introduction 2. Project 3. Base Parameters 4. Results 5. Future 2013 October Slide Page 23 I

24 Base Parameters First Time Pit Optimization for the Operation Dataset not in the required format ffort was required to collect and generate required dataset 2013 October Slide Page 24 I

25 Base Parameters Final compiled set of base parameters for Pit Optimization Silver Price 30 US$/oz Waste Mining Cost Ore Mining Cost Processing and G&A Cost 1.95 $/t 2.15 $/t 21.5 $/t Silver Recovery 52 % Mining Dilution 5 % Mining Losses 5 % Overall Pit Slope 45 deg October Slide Page 25 I

26 Contents 1. Introduction 2. Project 3. Base Parameters 4. Results 5. Future 2013 October Slide Page 26 I

27 Results 2013 October Slide Page 27 I

28 Mine Development year 1 Year : October Slide Page 28 I

29 Mine Development year 2 Year : October Slide Page 29 I

30 Mine Development year 3 Year : October Slide Page 30 I

31 Mine Development year 4 Year : October Slide Page 31 I

32 Mine Development year 5 Year : October Slide Page 32 I

33 Mine Development year 6 Year : October Slide Page 33 I

34 Mine Development year 7 Year : October Slide Page 34 I

35 Mine Development year 8 Year : October Slide Page 35 I

36 Mine Development year 9 Year : October Slide Page 36 I

37 Mine Development year 10 Year : October Slide Page 37 I

38 Mine Development year 11 Year : October Slide Page 38 I

39 Mine Development year 12 Year : October Slide Page 39 I

40 Mine Development year 13 Year : October Slide Page 40 I

41 Mine Development year 14 Year : October Slide Page 41 I

42 Results Price sensitivity of Gümüsköy pit optimization Ore tonnage [0 000 t] /t] Grade [g Ag/ Ore Tonnage Grade 2013 October Slide Page 42 I

43 Results Production Schedule optimized to receive constant head grade Unit Ore Production 000 t , , , , , , , , , ,320 Ore Grade g/t Waste removal 000 t 4,468 3,762 4,017 3,892 3,528 3,335 3,527 2,832 4,084 4,299 Stripping Ratio t/t Recovery Ore % Recovered Ag kg 325, , , , , , , , , ,899 Unit Total Ore Production 000 t 4,320 4,320 4,320 4,320 4,320 4,320 4, ,612 Ore Grade g/t Waste removal 000 t 3,661 3,634 7,371 8,125 7,517 6,141 17, ,396 Stripping Ratio t/t Recovery Ore % Recovered Ag kg 315, , , , , , ,510 10,214 4,511, October Slide Page 43 I

44 Contents 1. Introduction 2. Project 3. Base Parameters 4. Results 5. Future 2013 October Slide Page 44 I

45 Future Operational and Life of Mine Plan (LOM) of ti Gümüs based on optimization results Reconciliation to improve the accuracy of the geological model stablishing long/short-term mine plan and updating it according to new findings on a regular basis 2013 October Slide Page 45 I

46 For more information, please contact THANK YOU VRY MUCH FOR YOUR ATTNTION IMC-Montan M Consulting GmbH Michael Loos Ulrich Ruppel Am Technologiepark 1 Technical Director Mining Director ssen / Germany Tel Tel Fax Fax [email protected] [email protected] Branch of DMT GmbH & Co. KG - Member of TÜV NORD Group 2013 October Slide Page 46 I

Quality Innovation Future A DMT Company Presentation

Quality Innovation Future A DMT Company Presentation Quality Innovation Future A DMT Company Presentation Facts and Figures DMT A brand of its own within TÜV Nord Group Global group of 14 consulting and engineering firms Headquarters in Essen, NRW, Germany

More information

Candelaria and Ojos del Salado Chile

Candelaria and Ojos del Salado Chile TSX : LUN OMX : LUMI 2016 Candelaria Key Facts Open Pit and Underground Mine Copper, gold, and silver 2016 estimate 124,000-128,000 tonnes copper Cash costs of $1.45 per lb copper after by-product credits

More information

International approaches to mining projects: Due Diligence, Scoping, Pre-Feasibility, Feasibility Studies

International approaches to mining projects: Due Diligence, Scoping, Pre-Feasibility, Feasibility Studies International approaches to mining projects: Due Diligence, Scoping, Pre-Feasibility, Feasibility Studies Sergei Sabanov, PhD, CEng MIMMM Date:10 December 2013 Location: Almaty, Kazakhstan SRK Consulting

More information

Guidelines for the Estimation and Reporting of Australian Black Coal Resources and Reserves

Guidelines for the Estimation and Reporting of Australian Black Coal Resources and Reserves Guidelines for the Estimation and Reporting of Australian Black Coal Resources and Reserves 2001 Edition (as referred to in the Joint Ore Reserves Committee Code ( The JORC Code ) 1999 edition) Prepared

More information

Detour Gold Provides New Life of Mine Plan for Detour Lake

Detour Gold Provides New Life of Mine Plan for Detour Lake January 25, 2016 NEWS RELEASE Detour Gold Provides New Life of Mine Plan for Detour Lake Detour Gold Corporation (TSX: DGC) ( Detour Gold or the Company ) is pleased to announce a new life of mine plan

More information

Chapter 5. Rules and Policies

Chapter 5. Rules and Policies Chapter 5 Rules and Policies 5.1.1 NI 43-101 Standards of Disclosure for Mineral Projects, Form 43-101F1 Technical Report and Related Consequential Amendments NATIONAL INSTRUMENT 43-101 STANDARDS OF DISCLOSURE

More information

Exploration. Exploration methods

Exploration. Exploration methods Exploration Activities related to establishing a mineral deposit through geological, geophysical and geochemical methods. It is preceded by Prospecting and followed by Planning & Development. Geological

More information

Investing in an Underground Coal Mine in Indonesia

Investing in an Underground Coal Mine in Indonesia Coal Supplying Key Resources into expanding Asian markets Investing in an Underground Coal Mine in Indonesia Disclaimer Forward Looking Statements This presentation includes certain forward looking Statements.

More information

AFRICAN GOLD GROUP, INC. DEFINITIVE FEASIBILITY STUDY FOR KOBADA GOLD PROJECT GENERATES ROBUST ECONOMIC OUTCOME

AFRICAN GOLD GROUP, INC. DEFINITIVE FEASIBILITY STUDY FOR KOBADA GOLD PROJECT GENERATES ROBUST ECONOMIC OUTCOME African Gold Group, Inc. TSX-V: AGG Yonge & Richmond Centre 151 Yonge Street, 11th Floor. Toronto Canada M5C 2W7 Tel: +1 647 775 8538 website : www.africangoldgroup.com AFRICAN GOLD GROUP, INC. DEFINITIVE

More information

3D Modelling & Mine Planning Software. Comprehensive tools provide a competitive advantage from exploration to rehabilitation.

3D Modelling & Mine Planning Software. Comprehensive tools provide a competitive advantage from exploration to rehabilitation. 3D Modelling & Mine Planning Software Comprehensive tools provide a competitive advantage from exploration to rehabilitation. Maptek Vulcan, the world s premier 3D mining software solution, allows users

More information

WORK BREAKDOWN STRUCTURE FOR A TYPICAL MINE

WORK BREAKDOWN STRUCTURE FOR A TYPICAL MINE WORK BREAKDOWN STRUCTURE FOR A TYPICAL MINE LEGEND [GeoMine] = Technology Sites [Exploration-Geology-Reserves] = Edumine Courses [GEOCHEMISTRY] = State-of-the-Art Review (SOAR) 1 EXPLORATION [GEOMINE]

More information

Earth Sciences 4211/6210! Putting the Economics Back in Economic Geology!

Earth Sciences 4211/6210! Putting the Economics Back in Economic Geology! Earth Sciences 4211/6210! Putting the Economics Back in Economic Geology! Stephen J. Piercey! Department of Earth Sciences! Memorial University! St. John s, NL, Canada! A1B 3X5! [email protected]!!! Special

More information

Resources Rising Stars

Resources Rising Stars ASX Code: AYN Resources Rising Stars Andrew King, Managing Director September 2010 Pg 1 Disclaimer and Key Information Disclaimer This presentation has been prepared by the Directors of Alcyone Resources

More information

For personal use only

For personal use only Korab Resources Limited Gold Operations Update November 2012 Andrej K. Karpinski Executive Chairman Korab Projects BOBRIKOVO MELROSE 1 Korab Gold Projects Other Korab Projects Robust Undervalued Gold Portfolio

More information

Focusing on Near Term Production and Exploration in Quebec

Focusing on Near Term Production and Exploration in Quebec Focusing on Near Term Production and Exploration in Quebec AGM January 2016 Forward Looking Statement Forward Looking Statement This presentation may contain forward looking statements, being statements

More information

Consulting Services Mining & Metals

Consulting Services Mining & Metals Consulting Services Mining & Metals Amec Foster Wheeler is an industry-recognized expert in every facet of mining project assessment, development and optimization for all major commodities. Our Consulting

More information

Challenges of Investing in Junior Mining Companies and. Sotkamo Silver

Challenges of Investing in Junior Mining Companies and. Sotkamo Silver Challenges of Investing in Junior Mining Companies and Sotkamo Silver Life Cycle of Junior Explorer High Risk - High Potential Full value Relative Value Possible takeover Speculation Discovery Lowered

More information

Pekka Bergström Senior Geotechnical Consultant

Pekka Bergström Senior Geotechnical Consultant Pekka Bergström Senior Geotechnical Consultant Education GradCert.Eng in Mine Design & Planning, West Australian School of Mines, Australia MSc in Geology and Mineralogy, Oulu University, Finland Diploma

More information

Trading Symbol: TSX: SVM February 17, 2011 NYSE: SVM

Trading Symbol: TSX: SVM February 17, 2011 NYSE: SVM PRESS RELEASE Trading Symbol: TSX: SVM February 17, 2011 NYSE: SVM SILVERCORP ANNOUNCES POSITIVE PRELIMINARY ASSESSMENT FOR THE SILVERTIP SILVER-LEAD-ZINC PROJECT, BRITISH COLUMBIA, CANADA VANCOUVER, British

More information

C o r p o r a t e P r e s e n t a t i o n A u g u s t 2 0 1 5

C o r p o r a t e P r e s e n t a t i o n A u g u s t 2 0 1 5 C o r p o r a t e P r e s e n t a t i o n A u g u s t 2 0 1 5 Forward Looking Statements This presentation includes certain estimates, projections and forward looking statements within the meaning of Section

More information

Savannah North Scoping Study Looking into the future 3 February 2016

Savannah North Scoping Study Looking into the future 3 February 2016 Savannah North Scoping Study Looking into the future 3 February 2016 ASX: PAN Disclaimer Cautionary Statements This presentation includes information extracted from Panoramic Resources Limited ASX announcement

More information

NEWS RELEASE LEXAM ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT RESULTS FOR THE OPEN PIT PROJECTS IN TIMMINS

NEWS RELEASE LEXAM ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT RESULTS FOR THE OPEN PIT PROJECTS IN TIMMINS NEWS RELEASE LEXAM ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT RESULTS FOR THE OPEN PIT PROJECTS IN TIMMINS Project Generates 32% IRR and C$33 Million NPV After-Tax; Cash Costs of US$865 per Ounce

More information

Silver Mine Project Investment Opportunity in Scandinavia

Silver Mine Project Investment Opportunity in Scandinavia Silver Mine Project Investment Opportunity in Scandinavia KPMG Corporate Finance ( KPMG ) has been retained by Sotkamo Silver as exclusive Financial and Strategic adviser in connection with the Project

More information

Consulting Services to Mining Sector

Consulting Services to Mining Sector Consulting Services to Mining Sector ABOUT COMPANY IMC Montan is an independent international consulting group providing services in such areas as mineral geology, mining and processing. The Company launched

More information

Continental Gold Announces a Positive Preliminary Economic Assessment for the Buriticá Project

Continental Gold Announces a Positive Preliminary Economic Assessment for the Buriticá Project Continental Gold Announces a Positive Preliminary Economic Assessment for the Buriticá Project Toronto, Ontario, November 17, 2014 - Continental Gold Limited (TSX:CNL; OTCQX:CGOOF) ("Continental" or the

More information

Sabina Gold & Silver Corp.

Sabina Gold & Silver Corp. Sabina Gold & Silver Corp. Creating precious metals opportunities in the Canadian North November 2011 Hackett River Camp, looking to west 1 Forward Looking Statements This presentation includes certain

More information

BUILDING A COPPER COMPANY IN BRAZIL. PDAC Feb - 2014 - TORONTO

BUILDING A COPPER COMPANY IN BRAZIL. PDAC Feb - 2014 - TORONTO BUILDING A COPPER COMPANY IN BRAZIL PDAC Feb - 2014 - TORONTO CORPORATE & GOALS Shares on Issue 1.355B Significant Shareholders Share Price ~Au$0.07* Glencore 15% Market Cap ~Au$95m* BlackRock 5% Cash

More information

KOPY GOLDFIELDS AB. A thorny path of a public Junior Gold Exploration Company in Russia Russian & CIS Metals Summit 2014, Moscow, February, 2014

KOPY GOLDFIELDS AB. A thorny path of a public Junior Gold Exploration Company in Russia Russian & CIS Metals Summit 2014, Moscow, February, 2014 KOPY GOLDFIELDS AB A thorny path of a public Junior Gold Exploration Company in Russia Russian & CIS Metals Summit 2014, Moscow, February, 2014 Disclaimer - Forward looking statement Forward Looking Information

More information

Positioned for Production: Exploring for Growth

Positioned for Production: Exploring for Growth ASX Code: AYN Positioned for Production: Exploring for Growth Andrew King, Managing Director May 2010 Pg 1 Disclaimer and Key Information Disclaimer This presentation has been prepared by the Directors

More information

ALCYONE REPORTS JORC SILVER RESOURCES

ALCYONE REPORTS JORC SILVER RESOURCES ASX ANNOUNCEMENT & MEDIA RELEASE 29 March 2010 ALCYONE REPORTS JORC SILVER RESOURCES +15Moz RESOURCE INVENTORY UNDERPINS PROGRAM TARGETING RESUMPTION OF SILVER PRODUCTION AT TEXAS PROJECT LATER THIS YEAR

More information

Establishing the feasibility of your proposed mining venture

Establishing the feasibility of your proposed mining venture RUPPRECHT, S. Establishing the feasibility of your proposed mining venture. International Platinum Conference Platinum Adding Value, The South African Institute of Mining and Metallurgy, 2004. Establishing

More information

CIM DEFINITION STANDARDS - For Mineral Resources and Mineral Reserves

CIM DEFINITION STANDARDS - For Mineral Resources and Mineral Reserves CIM DEFINITION STANDARDS - For Mineral Resources and Mineral Reserves Prepared by the CIM Standing Committee on Reserve Definitions Adopted by CIM Council on November 27, 2010 FOREWORD CIM Council, on

More information

Trip to Pulacayo. Pulacayo - Paca

Trip to Pulacayo. Pulacayo - Paca Disclaimer This Presentation contains forward-looking information as defined under applicable securities law in Canada. Forward-looking information can be identified by the use of words such as "anticipated",

More information

AN ALTERNATIVE MINING CONCEPT

AN ALTERNATIVE MINING CONCEPT AN ALTERNATIVE MINING CONCEPT An Alternative Mining Concept Raw Materials Commitment in TECHNOLOGY PILLAR I.B Priority Area: Technologies for primary and secondary raw materials production Action area

More information

AGNICO-EAGLE MINES LIMITED

AGNICO-EAGLE MINES LIMITED AGNICO-EAGLE MINES LIMITED Corporate Update January 2008 Agnico-Eagle Mines Limited 1 Forward Looking Statements The information in this document has been prepared as at January 15, 2007. Certain statements

More information

SOUTH AFRICAN NATIONAL INSTITUTE OF ROCK MECHANICS CHAMBER OF MINES OF SOUTH AFRICA CERTIFICATE IN ROCK MECHANICS PART 4

SOUTH AFRICAN NATIONAL INSTITUTE OF ROCK MECHANICS CHAMBER OF MINES OF SOUTH AFRICA CERTIFICATE IN ROCK MECHANICS PART 4 SOUTH AFRICAN NATIONAL INSTITUTE OF ROCK MECHANICS CHAMBER OF MINES OF SOUTH AFRICA CERTIFICATE IN ROCK MECHANICS PART 4 ROCK MECHANICS PRACTICAL (SURFACE AND UNDERGROUND) SYLLABUS PREAMBLE... 5 TOPIC

More information

MINIMUM ENGINEERING STUDY REQUIREMENTS UPDATE

MINIMUM ENGINEERING STUDY REQUIREMENTS UPDATE Issue No. 128 June 2015 MINIMUM ENGINEERING STUDY REQUIREMENTS UPDATE Issue No. 95 (March 2009) of this publication, formally known as Pincock Perspectives, has been one of our most requested and referenced

More information

NEW HORIZONS, HOPE & INVESTMENTS WINNERS FOR THE RECOVERY THE DONKIN MINE NOVA SCOTIA

NEW HORIZONS, HOPE & INVESTMENTS WINNERS FOR THE RECOVERY THE DONKIN MINE NOVA SCOTIA NEW HORIZONS, HOPE & INVESTMENTS WINNERS FOR THE RECOVERY THE DONKIN MINE NOVA SCOTIA Mr. Paul Vining, CEO - Cutlass Collieries, LLC Canadian Coal Association 2015 Conference Forward Looking Statements

More information

Types of Mining - Expert Table

Types of Mining - Expert Table See page 6 Minerals Downunder Teacher Guide (2002) - Activity 4a Types of Mining - Expert Table How to Jigsaw Information 1. Divide the class into Home Groups of five for the five different types of mining

More information

FIJI GOLD LION ONE METALS

FIJI GOLD LION ONE METALS FIJI GOLD LION ONE METALS Tuvatu Gold Project January 2016 Presentation Disclaimer Forward Looking Statements and Qualified Person DISCLAIMER The information provided in this presentation is not intended

More information

ANNUAL GENERAL MEETING. Investor Presentation 24 November 2015

ANNUAL GENERAL MEETING. Investor Presentation 24 November 2015 ANNUAL GENERAL MEETING Investor Presentation 24 November 2015 Corporate Structure ASX Code: OVR Shares on Issue 205.4 million Top 20 133.0 million (64.8%) Market Capitalisation $1.23 million (share price

More information

North Atlantic and Rio Tinto Joint Venture Potash Project in Saskatchewan, Canada. Resource Summary

North Atlantic and Rio Tinto Joint Venture Potash Project in Saskatchewan, Canada. Resource Summary North Atlantic and Rio Tinto Joint Venture Potash Project in Saskatchewan, Canada Resource Summary The Canadian Potash Project is located in the central Saskatchewan Potash district that represents nearly

More information

Technical Due Diligence what do we look out for?

Technical Due Diligence what do we look out for? Technical Due Diligence what do we look out for? AusIMM M&A Masterclass May 2014 Mark Noppe General Manager and Principal Consultant XstractGroup.com Xstract - Excellence from the Outset GEOLOGY ENVIRONMENT

More information

Kevitsa Mine a Big Ni Cu PGE Mine in Central Finnish Lapland

Kevitsa Mine a Big Ni Cu PGE Mine in Central Finnish Lapland Kevitsa Mine a Big Ni Cu PGE Mine in Central Finnish Lapland Krister Söderholm Kevitsa Mining/FirstQuantum MineralsLtd Ltd. Cautionary Note Concerning Forward-Looking Statements Some of the statements

More information

Lalor Project Base Metal Zones and Gold Mineralization January 2009

Lalor Project Base Metal Zones and Gold Mineralization January 2009 Lalor Project Base Metal Zones and Gold Mineralization January 2009 1 Forward-Looking Statements All monetary amounts in Canadian dollars unless otherwise stated.. This presentation contains forward-looking

More information

Mineral Deposits and their Global Strategic Supply. Group Executive and Chief Executive Non-Ferrous 14 December 2011

Mineral Deposits and their Global Strategic Supply. Group Executive and Chief Executive Non-Ferrous 14 December 2011 Mineral Deposits and their Global Strategic Supply Andrew Mackenzie Andrew Mackenzie Group Executive and Chief Executive Non-Ferrous 14 December 2011 Disclaimer Reliance on Third Party Information The

More information

ANNEX D1 BASIC CONSIDERATIONS FOR REVIEWING STUDIES IN THE DETAILED RISK ASSESSMENT FOR SAFETY

ANNEX D1 BASIC CONSIDERATIONS FOR REVIEWING STUDIES IN THE DETAILED RISK ASSESSMENT FOR SAFETY ANNEX D1 BASIC CONSIDERATIONS FOR REVIEWING STUDIES IN THE DETAILED RISK ASSESSMENT FOR SAFETY ANNEX D1: BASIC CONSIDERATIONS FOR REVIEWING STUDIES IN DRA FOR SAFETY D1-1 ANNEX D1 BASIC CONSIDERATIONS

More information

Endeavour Management Presentation

Endeavour Management Presentation Endeavour Management Presentation June 2014 GOLD PRODUCER WEST AFRICA CASH FLOW Disclaimer & Forward Looking Statements This presentation contains forward-looking statements including but not limited to,

More information

Mako Project, Eastern Senegal Completion of Scoping Study

Mako Project, Eastern Senegal Completion of Scoping Study Toro Gold Ltd Trafalgar Court Admiral Park, Guernsey. GY1 3EL. News Release: 18 th April 2013, Guernsey Mako Project, Eastern Senegal Completion of Scoping Study Toro Gold Ltd ( Toro Gold or the Company

More information

Appendix A Use of Supporting Studies in Process for NI 43-101 Documentation

Appendix A Use of Supporting Studies in Process for NI 43-101 Documentation Appendix A Use of Supporting Studies in Process for NI 43-101 Documentation Foreword Appendix A serves as support documentation within the Best Practice Guidelines for Mineral Processing (BPGMP). It supplements

More information

NOTE FOR MINING AND OIL & GAS COMPANIES - JU N E 2 0 0 9

NOTE FOR MINING AND OIL & GAS COMPANIES - JU N E 2 0 0 9 NOTE FOR MINING AND OIL & GAS COMPANIES - JU N E 2 0 0 9 A G U I D E T O A I M U K TA X B E N E F I T S 2 AIM Note for Mining, Oil and Gas Companies Contents Introduction 1 Companies to which this Note

More information

London STOCK EXCHANGE

London STOCK EXCHANGE London STOCK EXCHANGE 16 March 2006 For the attention of the Nominated Advisers/ Finance Directors/ Company Secretaries, all AIM Companies 10 Paternoster Square London EC4M 7LS Telephone 020 7797 1000

More information

ACQUISITION OF TWO QUALITY MINES IN NEVADA

ACQUISITION OF TWO QUALITY MINES IN NEVADA November 12 2015 ACQUISITION OF TWO QUALITY MINES IN NEVADA 1 1 CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION All statements, other than statements of historical fact, contained or incorporated by

More information

For personal use only

For personal use only DECEMBER 2011 Issued 31 January 2012 HIGHLIGHTS INDIAN IRON ORE MINING PROJECT Significant on-site work completed and installation of phase one processing infrastructure underway at Kurnool iron beneficiation

More information

QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 30 SEPTEMBER 2015

QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 30 SEPTEMBER 2015 ASX RELEASE ASX:AWV 30 October 2015 QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 30 SEPTEMBER 2015 HIGHLIGHTS Pit optimisation and final mine design completed Metallurgical test work completed Engineering

More information

Paladin Energy. Development & Expansion of the Langer Heinrich Operation in Namibia. June 2009

Paladin Energy. Development & Expansion of the Langer Heinrich Operation in Namibia. June 2009 Paladin Energy Development & Expansion of the Langer Heinrich Operation in Namibia June 2009 1 Disclaimer This presentation includes certain statements that may be deemed forward-looking statements. All

More information

TORONTO STOCK EXCHANGE COMPANY MANUAL APPENDIX B DISCLOSURE STANDARDS FOR COMPANIES ENGAGED IN MINERAL EXPLORATION, DEVELOPMENT & PRODUCTION

TORONTO STOCK EXCHANGE COMPANY MANUAL APPENDIX B DISCLOSURE STANDARDS FOR COMPANIES ENGAGED IN MINERAL EXPLORATION, DEVELOPMENT & PRODUCTION B-1 APPENDIX B DISCLOSURE STANDARDS FOR COMPANIES ENGAGED IN MINERAL EXPLORATION, DEVELOPMENT & PRODUCTION 1.0 INTRODUCTION The disclosure of the results of exploration and development activity on mineral

More information

ANNUAL GENERAL MEETING 2015. 30 November 2015

ANNUAL GENERAL MEETING 2015. 30 November 2015 ANNUAL GENERAL MEETING 2015 30 November 2015 Disclaimer Competent Person Statement This presentation may contain some references to forecasts, estimates, assumptions and other forward-looking statements.

More information

Antapaccay Precious Metals Stream

Antapaccay Precious Metals Stream February 10, 2016 Antapaccay Precious Metals Stream A final base shelf prospectus containing important information relating to the securities described in this document has been filed with the securities

More information

Avion will host a conference call at 10:30 AM (EST) on Monday, April 2, 2011 to discuss the results. To participate in the call please dial:

Avion will host a conference call at 10:30 AM (EST) on Monday, April 2, 2011 to discuss the results. To participate in the call please dial: March 31, 2012 A v i o n G o l d A n n o u n c e s F o u r t h Q u a r t e r 2 0 1 1 E a r n i n g s o f $ 8. 1 M i l l i o n W i t h E a r n i n g s P e r S h a r e O f $ 0. 0 2 R e c o r d 2 0 1 1 E

More information

Sorby Hills Silver Lead Project

Sorby Hills Silver Lead Project ASX RELEASE Sorby Hills Silver Lead Project Major Milestone Achieved with Environmental Approval As announced on 3 April, the WA Minister for Environment has approved the development of the Sorby Hills

More information

For personal use only. MRV Metals Launch February 2016

For personal use only. MRV Metals Launch February 2016 MRV Metals Launch February 2016 Important Information This document has been prepared by Moreton Resources Limited ( Moreton or Company ) for the purpose of providing a company and technical overview to

More information

QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 31 DECEMBER 2015

QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 31 DECEMBER 2015 ASX RELEASE ASX:AWV 29 January 2015 QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 31 DECEMBER 2015 HIGHLIGHTS Review of updated pit optimisation undertaken Metallurgical testwork report received confirming

More information

Armadale Capital Plc Armadale or the Company Robust Project Demonstrated by Mpokoto Feasibility Study HIGHLIGHTS

Armadale Capital Plc Armadale or the Company Robust Project Demonstrated by Mpokoto Feasibility Study HIGHLIGHTS Armadale Capital Plc / Index: AIM / Epic: ACP / Sector: Investment Company 8 February 2016 Armadale Capital Plc ( Armadale or the Company ) Robust Project Demonstrated by Mpokoto Feasibility Study Armadale,

More information

NEWS RELEASE. Toronto and Swiss Stock Exchanges Symbol IMZ, Frankfurt Symbol MIW

NEWS RELEASE. Toronto and Swiss Stock Exchanges Symbol IMZ, Frankfurt Symbol MIW NEWS RELEASE February 11, 2008 Toronto and Swiss Stock Exchanges Symbol IMZ, Frankfurt Symbol MIW INTERNATIONAL MINERALS ANNOUNCES 6.2 MILLION OUNCES OF MEASURED AND INDICATED GOLD RESOURCES AND RESULTS

More information

TECHNICAL REPORT FOR THE PALMAREJO COMPLEX

TECHNICAL REPORT FOR THE PALMAREJO COMPLEX TECHNICAL REPORT FOR THE PALMAREJO COMPLEX SW CHIHUAHUA STATE, MEXICO NI 43-101 TECHNICAL REPORT Effective Date: August 31, 2015 Report Date: Prepared by: Paul Kerr, P. Eng., Coeur Mining, Inc. Michael

More information

Barkerville Gold Mines Investor presentation q1 2016. The last great Canadian gold mining camp controlled by a junior mining company.

Barkerville Gold Mines Investor presentation q1 2016. The last great Canadian gold mining camp controlled by a junior mining company. Barkerville Gold Mines Investor presentation q1 2016 The last great Canadian gold mining camp controlled by a junior mining company. 1 Forward Looking statement This presentation and the material contained

More information

HISTORIC INTERSECTIONS INCLUDE 19.8 G/T AU OVER 8.9 METRES AND 24.4 GT AU OVER 9 METRES

HISTORIC INTERSECTIONS INCLUDE 19.8 G/T AU OVER 8.9 METRES AND 24.4 GT AU OVER 9 METRES 65 Queen Street West Suite 825, P.O. Box 75 Toronto, Ontario M5H 2M5 Canada CROCODILE GOLD INITIATES DRILL PROGRAM AT UNION REEFS PROJECT AREA TARGETING HIGHH GRADE ZONES BELOW HISTORICAL OPEN PITS ADJACENT

More information

Krasny license: Operational update September 2015

Krasny license: Operational update September 2015 Kopy Goldfields AB (publ) Press release 15/2015 Stockholm, September 10, 2015 Krasny license: Operational update September 2015 Kopy Goldfields AB (publ) ( Kopy Goldfields or the Company ) hereby provides

More information

Mining Indaba Presentation. Capetown, South Africa 8 th 10 th February 2016

Mining Indaba Presentation. Capetown, South Africa 8 th 10 th February 2016 Mining Indaba Presentation Capetown, South Africa 8 th 10 th February 2016 www.birimiangold.com 1 Disclaimer This presentation has been prepared by Birimian Gold Limited (BGS) for general information purposes

More information

Carpentaria Exploration Ltd Investment Update

Carpentaria Exploration Ltd Investment Update Carpentaria Exploration Ltd Investment Update June 19 th 2013 We find it. We prove it. We make it possible. Disclaimer This presentation has been prepared by the management of Carpentaria Exploration Limited

More information

A MINING ENGINEER: A GLOBAL CITIZEN

A MINING ENGINEER: A GLOBAL CITIZEN Photo courtesy of Teck. Being a mining engineer is about a lot more than rocks, minerals, and hard hats. The opportunities are vast and varied. Mining Engineering includes everything to do with the extraction

More information

Accounting for stripping costs in the production phase costs of waste removal and the associated benefit

Accounting for stripping costs in the production phase costs of waste removal and the associated benefit IFRIC Meeting Agenda reference 2A Staff Paper Date March 2010 Project Topic xtractive Activities Accounting for stripping costs in the production phase costs of waste removal and the associated benefit

More information

Funds from the placement will be used for working capital requirements, including the completion of the Productora Pre-feasibility Study (PFS).

Funds from the placement will be used for working capital requirements, including the completion of the Productora Pre-feasibility Study (PFS). ASX ANNOUNCEMENT Monday 1 st February 2016 Hot Chili to Raise A$1.6m via Placement to Strategic Shareholders Hot Chili Limited (ASX Code: HCH) is pleased to announce that it has received commitments from

More information

TURKEY CREEK PIT OPTIMISATION STUDY ADDS 2 YEARS MINE LIFE TO THE LITTLE EVA PROJECT AT CLONCURRY

TURKEY CREEK PIT OPTIMISATION STUDY ADDS 2 YEARS MINE LIFE TO THE LITTLE EVA PROJECT AT CLONCURRY 10 August 2015 ASX: AOH, FSE: A2O TURKEY CREEK PIT OPTIMISATION STUDY ADDS 2 YEARS MINE LIFE TO THE LITTLE EVA PROJECT AT CLONCURRY Estimated oxide and sulphide resources within the optimum pit is 17.3

More information

Ironbark Zinc Limited

Ironbark Zinc Limited Research Note Ironbark Zinc Limited Suite 5, Level 8, 99 York Street, Sydney NSW 2000 29 th August 2013 Ironbark Zinc to up the ante at Citronen Zinc Project with higher zinc prices Recommendation: Speculative

More information

TIGER RESOURCES LTD ACN 077 110 304

TIGER RESOURCES LTD ACN 077 110 304 TIGER RESOURCES LTD ACN 077 110 304 1st Floor, 8 Parliament Place, West Perth WA 6005 PO Box 1618, West Perth WA 6872 Tel: (08) 9481-7833 Fax: (08) 9481-7835 Email: [email protected] Website: www.tigerez.com

More information

Mining with Paste Fill

Mining with Paste Fill Mining with Paste Fill Mehmet Yumlu, Principal Mining Engineer AMC Consultants Pty Ltd AusIMM Cobar Mining Seminar AMC Con nsultants Pty Ltd Outline Introduction ti What is Paste Fill? Why Using Paste

More information

Graduate Program Best Practice Guidelines

Graduate Program Best Practice Guidelines Name Discipline AusIMM Membership Number Contents Summary Chartered Professional Status Mentoring Important Links and Contacts Section A General elements of a graduate program Section B Discipline specific

More information

WILLAMAX PROJECT. TSX-V: DVN Reach us at 604 818 1706. Developing B.C. mining assets to create profitable gold production.

WILLAMAX PROJECT. TSX-V: DVN Reach us at 604 818 1706. Developing B.C. mining assets to create profitable gold production. WILLAMAX PROJECT Developing B.C. mining assets to create profitable gold production May 2014 Reach us at 604 818 1706 Management Team Akash Patel, President and CEO Mr. Patel has received a bachelor in

More information

Cannon Big Pit Given the Green Light

Cannon Big Pit Given the Green Light ASX Release Tuesday 3 November 2015 Cannon Big Pit Given the Green Light Southern Gold maintains 50% profit share on Cannon Metals X estimate open pit recovered gold +270% to ~50koz Significant cash flow

More information

CANADA S INTERMEDIATE GOLD PRODUCER

CANADA S INTERMEDIATE GOLD PRODUCER CANADA S INTERMEDIATE GOLD PRODUCER Third Quarter 2015 Results Conference 1 Call & Webcast October 29, 2015 Forward Looking Information This presentation contains certain forward-looking information and

More information

THE VALUATION OF ADVANCED MINING PROJECTS & OPERATING MINES: MARKET COMPARABLE APPROACHES. Craig Roberts National Bank Financial

THE VALUATION OF ADVANCED MINING PROJECTS & OPERATING MINES: MARKET COMPARABLE APPROACHES. Craig Roberts National Bank Financial THE VALUATION OF ADVANCED MINING PROJECTS & OPERATING MINES: MARKET COMPARABLE APPROACHES Craig Roberts National Bank Financial ABSTRACT While various methods are available to estimate a mining project

More information

THIRD QUARTER EARNINGS NOVEMBER 12, 2015

THIRD QUARTER EARNINGS NOVEMBER 12, 2015 THIRD QUARTER EARNINGS NOVEMBER 12, 2015 CAUTIONARY NOTES Qualified Person Brian Morris, is the non-independent Klondex Mines "qualified person" as defined by National Instrument 43-101 Standards of Disclosure

More information

News Release. Trading Symbols: GTP (TSX-V) P01 (FRANKFURT) COLTF (OTCQX)

News Release. Trading Symbols: GTP (TSX-V) P01 (FRANKFURT) COLTF (OTCQX) News Release July 3 rd, 2012 Trading Symbols: GTP (TSX-V) P01 (FRANKFURT) COLTF (OTCQX) Initial NI 43-101 Resource Estimate for the Chaminé and Casas Novas deposits within its 100% Boa Fé Gold Project,

More information

ROCKGATE CAPITAL CORP. Corporate Presentation June, 2012

ROCKGATE CAPITAL CORP. Corporate Presentation June, 2012 ROCKGATE CAPITAL CORP. Corporate Presentation June, 2012 1 CAUTIONARY STATEMENT Certain of the information contained in this presentation constitute "forward-looking statements" within the meaning of the

More information

For personal use only

For personal use only ASX Release 27 September 2012 OPTION TO ACQUIRE 560,000oz PEAK HILL GOLD PROJECT RESOURCE AND INVESTMENT NL (ASX: RNI) (RNI or the Company) has reached agreement with Montezuma Mining Company Limited for

More information

The successful integration of 3D seismic into the mining process: Practical examples from Bowen Basin underground coal mines

The successful integration of 3D seismic into the mining process: Practical examples from Bowen Basin underground coal mines Geophysics 165 Troy Peters The successful integration of 3D seismic into the mining process: Practical examples from Bowen Basin underground coal mines This paper discusses how mine staff from a number

More information

TSX-V: CDA WKN: A0M6U5

TSX-V: CDA WKN: A0M6U5 TSX-V: CDA WKN: A0M6U5 Mill Village Gold Property, Nova Scotia MidTex Oil & Gas, Texas Cash flow Developing cash flow producing gas wells Texas, USA expansion of gas & oil wells Texas, USA Canuc-Nambija

More information

Specialist Reservoir Engineering

Specialist Reservoir Engineering Specialist Reservoir Engineering RPS Energy - a global energy consultancy RPS Energy is part of RPS Group, a FTSE 250 company with a turnover of $700m and 4500 employees. It is one of the world s leading

More information

Forward-Looking Statements

Forward-Looking Statements Forward-Looking Statements Except for historical information, this presentation may contain certain forward-looking statements. These statements may involve a number of known and unknown risks and uncertainties

More information

SILVERCORP INTERCEPTS 18.8 METRES TRUE WIDTH GRADING 368 G/T SILVER AND 1.78 PERCENT LEAD AT THE LM MINE WEST, YING MINING DISTRICT, CHINA

SILVERCORP INTERCEPTS 18.8 METRES TRUE WIDTH GRADING 368 G/T SILVER AND 1.78 PERCENT LEAD AT THE LM MINE WEST, YING MINING DISTRICT, CHINA NEWS RELEASE Trading Symbol: TSX: SVM NYSE: SVM SILVERCORP INTERCEPTS 18.8 METRES TRUE WIDTH GRADING 368 G/T SILVER AND 1.78 PERCENT LEAD AT THE LM MINE WEST, YING MINING DISTRICT, CHINA VANCOUVER, British

More information

BACANORA MINERALS ANNOUNCES SONORA LITHIUM PROJECT UPDATE, FILING OF PRE-FEASIBILITY STUDY AND AMENDED MINERAL RESOURCE ESTIMATE

BACANORA MINERALS ANNOUNCES SONORA LITHIUM PROJECT UPDATE, FILING OF PRE-FEASIBILITY STUDY AND AMENDED MINERAL RESOURCE ESTIMATE TSX-V/AIM Symbol: BCN April 15, 2016 NEWS RELEASE BACANORA MINERALS ANNOUNCES SONORA LITHIUM PROJECT UPDATE, FILING OF PRE-FEASIBILITY STUDY AND AMENDED MINERAL RESOURCE ESTIMATE BACANORA MINERALS LTD.

More information

Pathway to Production

Pathway to Production Charging forward with Lithium Pathway to Production 8th Lithium Supply & Markets Conference 24 26 May 2016 Las Vegas Disclaimer This presentation has been prepared by Altura Mining Limited ( Altura or

More information

Condor Gold plc. (''Condor'' or "the Company") Whittle Consulting's Optimisation Study Significantly Enhances Economics

Condor Gold plc. (''Condor'' or the Company) Whittle Consulting's Optimisation Study Significantly Enhances Economics RNS Number : 7465C Condor Gold PLC 20 October 2015 7.00am on 20 October 2015 Condor Gold plc 7 th Floor 39 St. James's Street London SW1A 1JD Telephone +44 020 74081067 Fax: +44 020 74938633 Condor Gold

More information