Kopsa
- Outcropping intrusive related deposit. Gold copper mineralisation hosted in quart veins and disseminations
- Large Sub-Economic Historical Resource (not reliable - but demonstrates size potential)
- 25 Mt @ 0.57 g/t Au, 0.15% Cu = 450,000 oz's Au
- Mining Focus will be on higher grade (1-3 g/t Au) shallow portion (<100m depth)
- Pit optimisation gives opportunity for first 2-3 years of operations to be higher grade +2 g/t Au
- Infill and strike extension drilling ongoing to increase confidence for an indicated resource estimate in July 2010
- Metallurgical studies to be completed H2 2010
- Depending on results of feasibility study, a possible 7-10 year mine life utilising the Hitura Mill, or parallel gold circuit
- Potential for further operations on-site from Kopsa low grade ore or other satellite deposits
