High-grade hits at Jundee

The Australian Mining Review - - NEWS - EL­IZ­A­BETH FABRI

AUS­TRALIA’S third-largest gold pro­ducer North­ern Star Re­sources will boost its ex­plo­ration pro­gram af­ter mak­ing mul­ti­ple dis­cov­er­ies at and around its Jundee gold mine in WA.

As a re­sult of the drilling suc­cess, North­ern Star in­creased its FY18 ex­plo­ration bud­get by $10 mil­lion to $45 mil­lion.

It plans to ac­cel­er­ate a num­ber of drilling pro­grams to bring the re­cent dis­cov­er­ies into the Re­serve cat­e­gory.

The dis­cov­er­ies in­cluded high-grade finds at the Zo­diac dis­cov­ery and the Ar­mada trend, 400m and 800m from the Jundee mine, re­spec­tively.

North­ern Star ex­ec­u­tive chair­man Bill Bea­ment said the re­sults would change the way the 10 mil­lion ounce (moz) Jundee gold field was viewed.

“With pro­duc­tion of 7moz over the past 22 years, Jundee has been an ex­cep­tional mine by any mea­sure,” Mr Bea­ment said.

“But th­ese re­sults show the Jundee gold field is now emerg­ing as one of the great­est gold fields in Aus­tralia.

“The Zo­diac dis­cov­ery is a game-changer of enor­mous pro­por­tions.

“The 765gpt in­ter­sec­tion from the seis­mic re­flec­tor at Zo­diac is noth­ing short of spec­tac­u­lar, par­tic­u­larly when the huge po­ten­tial along strike is con­sid­ered, and we are yet to in­ter­sect the sec­ond re­flec­tor.”

Mr Bea­ment said the 2.5km long Ar­mada trend also con­tin­ued to grow.

“We are now very con­fi­dent that we will grow Jundee’s 1.4moz Re­serve base sig­nif­i­cantly, adding years to its mine life,” he said.

“The 765g/t in­ter­sec­tion from the seis­mic re­flec­tor at Zo­diac is noth­ing short of spec­tac­u­lar, par­tic­u­larly when the huge po­ten­tial along strike is con­sid­ered.”

Im­age: North­ern Star Re­sources.

North­ern Star has in­creased its ex­plo­ration spend at Jundee mine by $10 mil­lion.

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