Cavanacaw gold mine will produce an estimated 5,000 tonnes per month of development and stope mineralised material within 12 months of start-up, according to its published mine plan.
QME
Mine owner Galantas Gold Corp said that an increase in operations would result in estimated costs of development prior to achieving steady-state production of approximately US$12 million.
The statistics from QME Mining Services (NI) Ltd (QME) will see initial development mining at the Kearney and Joshua veins for an expected period of nine months.
The high grade dilation zones will also be mined targeting monthly production of 1,200 to 1,400 gold.
“With multiple mine levels developed at both Joshua and Kearney veins, and the experienced QME underground workforce, the company along with QME are scoping an expansion to the existing permitted mill to increase targeted annual production of 30,000 to 35,000 gold ounces per annum,” added Galantas.
QME was also involved in the development and bulk sampling of Dalradian’s nearby gold project located just 20km from Omagh.
SURFACE DRILLING
Publication of the mine plan comes as the Canadian company began surface drilling, intersecting “massive sulphides” in drill hole FR-DD-23-196, a projected dilation zone at the Joshua vein.
The exploration hole is the first to be drilled from surface in 19 months and fills in a large gap in the earlier resource model.
The dilation zones at the Joshua vein remain open along strike and down-plunge.
Chief executive Mario Stifano added that the company would focus on expanding resource at the Joshua and Kearney veins to increase the mill capacity from 180t per day to 500t per day.