Investor Presentaiton
GRUYERE MINE OPTIMISATION
GROWING A HIGH MARGIN OPERATION
Gruyere Joint Venture is focused on optimising:
Mining
Plant
Extended Indicated Resource below mine design.
Geotechnical and metallurgical studies for
potential pit deepening in progress
Process plant (SAG mill) configured for fresh ore.
Capability to be determined over next ~6 months.
SAG mill confirmed as main throughput constraint
Powerhouse upgrade. Additional gas power
generation augmented by solar and battery
(studies underway)
S
50,000 mN
December 2019
End December 2019
OR Stage 5 Design - A$1,600
Open Pit Survey
-9,400 mRL
-9.200
2018 Indicated
boundary:
OR constrained
-9.000
2019 Indicated
boundary:
-8.800
-8,600 mRL
-8,400 mRL
available for OR
evaluation
GOLD
ROAD
15GY0107
164 m at 1.60 g/t Au
RESOURCES
GRUYERE JOINT VENTURE
Gruyere Gold Deposit
South to North Long Projection.
GOLD
ROAD
RESOURCES
Note: Refer to ASX announcement dated 9 September 2019, 12 February 2020 and 24 July 2020
51,000 mN
December 2019
N
MR Pit Shell - A$1,850
Northern Fault
500m
Cover
Oxide
Saprock & Transition
Fresh Rock
19GY0365
41 m at 2.52 g/t Au
19GY0366
42 m at 1.40 g/t Au
Resource Category
Measured
Indicated
Inferred
Unclassified
MR Mineral Resource
OR Ore Reserve
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