PRECIOUS METALS

Partners approve Cannon mine schedule

The directors of Southern Gold and Metals X have formally approved the stage one open-pit mine schedule and budget for the Cannon gold project, 30km east of Kalgoorlie, Western Australia.

Staff reporter
Cannon: Conceptual open pit and underground mine design with stoping blocks

Cannon: Conceptual open pit and underground mine design with stoping blocks

The partners said they had completed definitive costings, with a projected all-in sustaining cost of A$1,084/oz Au (US$841/oz). In stage one, the partners will mine 152,000t ore at a fully diluted run-of-mine...

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