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Kerr Mines announces resource expansion program and receives air permit in USA

Mining News - Published on Mon, 11 Feb 2019

Image Source: International Mining
Kerr Mines Inc announced that the Phase II resource expansion program has commenced at the Copperstone Mine located in Arizona, USA. In addition, Kerr has received a key environmental permit modification and is continuing with advanced metallurgical testing.

2019 Phase II Resource Expansion Program:
1. The primary objective of the underground resource expansion program is to increase mine life by 3-4 years to total of 8 years at a rate of 38,000-40,000 ounces of gold per year;

2. Up to 15,000 meter ("m") underground program focused on the D and C zones of the Copperstone zone.

3. The Copperstone zone is the underground extension of the same orebody that was historically mined as an open pit. The open pit mined nearly 150 vertical meters of the Copperstone zone and produced in excess of 500,000 gold ounces. The Copperstone orebody currently has a horizontal strike length of over 1,500 m and extends 110 m beneath the historical open pit. Within this area there are Measured and Indicated resources of 276,100 gold ounces and Inferred resources of 145,700 gold ounces.

4. Drilling is being accomplished entirely from existing underground access and will affect an area of 500 m of strike length and 200 m of elevation - 1/3 of current resource strike length.

5. Future drilling programs, with the objective of further mine life extension, will target areas beyond the current 2019 Phase II affected area of 500 m of strike length. The ultimate goal would be the addition of resources along all zones encompassing the entire current resource strike length of over 1,500 m.

Source :

Posted By : Rabi Wangkhem on Mon, 11 Feb 2019
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