Future looks golden for Murchison

0 Comment
 02 Oct 2012   Posted by admin


EMERGING miner Kentor Gold has poured the first gold doré bar from its wholly-owned Murchison gold project in WA.
The bar weighed 1.13kg and was estimated to be approximately 90 per cent gold. Kentor managing director Simon Milroy said this was a big milestone for the company
as it joined the ranks of gold producers.
“The plant is settling down nicely, with the mill continuing to achieve higher throughput than designed on a consistent basis,” he said.
“Initial gold production is sourced from the Burnakura plant’s gravity circuit. “Gold loadings on the CIL [carbon in leach] circuit’s carbon are building steadily.”
Murchison, about 50km south of Meekatharra, comprises two deposits – Burnakura and Gabanintha – and is the first of Kentor’s three advanced projects to enter production.
The operation has a throughput capacity of 260,000 tonnes per annum. In March, the company announced that production was due to commence at an initial rate of 24,000oz of gold per annum at the Burnakura site, where high-grade gold intersections had been reported.
Further expansions in production are planned, along with construction of a leach heap and a mill upgrade.
Kentor is well funded to develop the Murchison gold project, having recently completed a rights issue that raised $20.5 million just days after completing a placement that raised $6.2 million.


Leave a Reply

Your email address will not be published.