Stavely Minerals Explores Alternative Development Scenarios for Gossan
Key points
- Stavely Minerals investigating alternative development options for Thursday's Gossan.
- Options include small-footprint underground, hybrid starter pit/underground, and heap-leach.
- Aim is to determine optimal development pathway with lower capital requirements.
Full summary
Stavely Minerals has announced the commencement of studies to assess alternative development options for the Thursday's Gossan copper-gold-silver deposit in Western Victoria. The company is exploring a small-footprint underground option focusing on the high-grade Cayley Lode, a hybrid development based on a starter open pit transitioning to underground operations, and a separate heap-leach option for the chalcocite-enriched blanket. These studies aim to provide comparative information on capital expenditure requirements, optimal processing rates, metals production levels, and processing options to determine the most efficient and cost-effective development pathway.
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