ASX-listed junior Planet Metals was on the hunt for partners to assist in developing its Mount Cannindah copper/gold project, in Queensland.
The company recently retained 100% of the Mount Cannindah project after its farm-in partner Drummond Gold withdrew from a 2010 agreement.
Planet said on Thursday that its initial focus would now be on compiling all data, results and information gained from the A$2.3-million works programme undertaken at the site over the last three years. A review of the grade-tonnage curve would also be undertaken to assess the future strategy and work programme requirements.
The project’s current resource stood at 5.5-million tonnes, grading 0.92% copper, 0.34 g/t gold and 14.9 g/t silver, of which some 80% was classified as measured and indicated.
Work to date has also highlighted the potential for higher gold content at the Southern Skarn regional target, some 2 km south of Mount Cannindah. A site visit would be conducted in the current quarter to confirm key findings of the review, as well as to assess the next phase of exploration at the Southern Skarn target.
Read more: Industrial Info to Offer Insights on $1.5 Trillion in Mining Projects at AIMEX 2013 in Sydney, an Industrial Info News Alert
Researched by Industrial Info Resources Australia (Perth, Australia) -- The Asia-Pacific's International Mining Exhibition (AIMEX) will be held August 20-23 at Sydney's Olympic Park, attracting a global platform of Australian and international suppliers of mining technology, equipment and services. An estimated 20,000 visitors are expected over a period of four days, with more than 600 exhibitors.
Industrial Info is monitoring more than 5,600 active mining projects totaling $1.5 trillion as part of its Global Mining Database. Industrial Info will be providing demonstrations of its database at AIMEX 2013. Please visit us at booth H111 for a demonstration and learn more about our expanding products and services.
In recent years, global mining projects have increased to more than $1.5 trillion. Demand, or lack thereof, for resources from developing countries continues to be the prime driver of mining project development, and mining companies are adjusting to the current low period by scaling back on capital expenditures in some markets. In this environment, it is important for equipment and service providers to understand which projects are being deferred or cancelled, and which projects remain active.
The exhibition will bring together diverse stakeholders in the Australian mining industry, facilitating the participants to increase profitability and improving the competitive advantage. Participants will be able to buy services and products in the most effective way where many of the suppliers will be showcasing their products.
The venue, Olympic Park, provides an opportunity to display all sizes of heavy mining equipment. AIMEX will provide an excellent opportunity for networking with peers and exchanging ideas. The exhibition will also consist of several speeches and seminars conducted by some of the experts, pioneers and drivers of the Australian mining industry.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
没有评论:
发表评论