Doray Minerals Limited announced on Wednesday that a maiden high-grade Resource for the Suzie Zone, within the Company’s Andy Well Gold Project in the northern Murchison region of Western Australia, has pushed the global resource of the mine to over half a million ounces.
As a result Doray’s total resource inventory has increased to more than 1.1 million ounces when combined with the newly acquired Deflector copper/gold/silver deposit.
“This high-grade Resource at Suzie takes the total Andy Well Resource to over half a million ounces for the first time, in addition to the production of about 130,000 ounces so far, and is further evidence of the mine life upside at Andy Well with systematic exploration,” said Doray’s Managing Director, Mr Allan Kelly in a media release.
The Suzie Zone is located parallel to the operating Wilber Lode underground mine and the Judy Lode, which is scheduled for underground mining in the near-term.
The Suzie Zone Resource is the third high-grade gold deposit to be defined at Andy Well since the discovery of the high-grade Wilber Lode gold deposit in 2010.
Mr Kelly said near-term exploration would continue at the Andy Well mine.
“Underground drilling is currently underway to test below the current base of the Wilber Mineral Resource, above the deep intersections announced by Doray on 12th November 2014. In addition, it is expected that underground drilling underneath the current Judy Resource area, will be undertaken early in the 2016FY as access is gained from the Judy link decline, in order to follow up on the recently discovered depth extensions to the Judy Lode,” reads the company’s media release.
Doray will also evaluate the potential for small-scale open pit mining, scheduled to complement the current stage 2 open pit campaign at Wilber.
The company has started the required permitting work for open pit mining at Suzie as it expects a positive outcome and announced that the potential for underground mining of the deeper sections of the Suzie Lode will also be assessed.