just in
ABM Resources NL (“ABM” or “The Company”) presents an update on the Trial Mining and Processing at the Old Pirate High-Grade Gold Project in the Northern Territory of Australia.
Trial Mining continues:
? Between 3,000 and 4,000 tonnes of gold bearing material stockpiled and ready for processing.
? Mining of first bench (1 to 1.5 metre depth) from Old Pirate Central Area including Eastern Limb
and Heartland veins) complete:
• High-grade gold bearing veins up to 3 metres wide extracted over a combined 300 metre strike length.
• Coarse and fine visible gold sighted throughout mining of Central area (including Eastern Limb and Heartland Veins), with the Heartland Veins containing very coarse gold (>4mm).
? Mining of first bench (to 1 metre depth) complete from SE Veins:
• High grade gold bearing veins up to 0.5 metres wide over a 30 metre strike length.
• Fine visible gold sighted throughout mining of the SE Veins.
? Mining of first bench (to 1.5 metres depth) from Western Limb is 80% complete:
• High-grade gold bearing veins up to 0.5 metre wide extracted over 240 metres strike
length (300m total).
• Coarse and fine visible gold sighted throughout mining of Western Limb.
? First benches now complete for all Trial Mining areas. Second bench ready to be mined at Golden Hind and Old Pirate South.
Commissioning underway at the Trial Processing Plant
? Generators are installed and operational.
? Tailings, pumps and water storage facility commissioned and ~3.5 million litres of water stored in
preparation for trial processing.
? Three stage crushing unit has been tested and is operational.
? Coarse gold jig has been tested and is operational.
? Scrubber / trommel unit has been tested and is operational.
? Knelson Concentrator is installed and being commissioned.
? Ball Mill and motors installed, being aligned and commissioned.
? Ramping up to full scale trial-processing shortly.
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