![]() ![]() The company, which recently changed its name from RNC Minerals, is focusing its efforts on becoming a pure gold play. Karora Resources (TSX: KRR US-OTC: KRRGF) has two producing mines in Western Australia - the Beta Hunt underground gold and nickel mine and the Higginsville gold operation. of gold in all categories.įocus is concentrating its efforts on transitioning both Coolgardie and Laverton to mine-ready projects by growing its resource base and preparing for eventual mining. ![]() The Laverton resource includes 921,000 measured tonnes grading 2 grams gold per tonne, 42.4 million indicated tonnes at 1.6 grams gold, and 17.9 million inferred tonnes grading 2.5 grams gold. With a refurbished Barnicoat mill, the project metrics include a pre-tax net present value (5% discount rate) of A$132 million ($98 million) based on mining oxide and transition material in five deposits. Focus is interested in expanding open pit resources, testing underground targets, and exploring targets that could lead to large-scale bulk mining at Laverton.Ī prefeasibility study for the first stage of production at Laverton was completed in March. The Laverton property includes the high-grade underground Lancefield gold mine as well as several large open pits that have been mined by Focus and its predecessors. The company is planning an exploration program to test the potential for new, higher grade orebodies near the mill as well as a regional program near Coolgardie. The project carries an after-tax net present value at a 7.5% discount rate of A$183 million ($136 million) and an internal rate of return of 71%.įocus is the largest landholder in the Coolgardie camp, and has explored only 2% of the area so far. The remaining A$20 million ($14.8 million) will go toward the development of two open pits and an underground mine. About A$28 million ($20.8 million) of the A$48 million ($35.7 million) pre-production capex budget is to be spent rehabilitating the existing Three Mile Hill mill and tailings containment. ![]() Stock image.Īn updated prefeasibility study for Coolgardie outlines proven and probable reserves of 6.6 million tonnes grading 1.97 grams gold for 422,000 ounces. The digital thread ties together a connected ecosystem for manufacturing and, with the addition of domain expertise and intelligence, enables continuous learning and improvement.Coolgardie, Goldfields, Western Australia. Our hardware solutions use metrology to bring real-world physical attributes to the digital thread to improve the accuracy of operations. Together, our manufacturing intelligence software solutions create a digital thread throughout the manufacturing process, enabling the entire organisation to take a holistic approach and work together with speed and confidence to achieve the desired outcomes. Through an unparalleled portfolio of digital manufacturing technologies spanning CAE solutions for design and engineering, CAD CAM and complementary software for production applications, metrology hardware and software solutions, as well as data management and analytics tools, we empower technology users throughout the process with deep and actionable insight into product quality, ensuring that quality drives productivity. Our manufacturing intelligence technology enables manufacturers to access, analyse and actively use data from all the key stages of the manufacturing process. Hexagon's Manufacturing Intelligence division helps customers put data to work to improve productivity and efficiency while embedding quality throughout the product lifecycle. Continuously improving productivity is essential for competitive success. While specific industries have their own unique challenges and motivations, productivity is central to manufacturers across the board. ![]()
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