Ann: High Grade Depth Extensions and Visible Gold at Falcon, page-1195

A proven processing pathway for De Grey Mining’s 10.6Moz Mallina gold project will stamp it as a new Tier-1 mine, not just on its massive production profile but also for its ESG credentials and low carbon intensity.Pre-feasibility study work by consultants Wood Australia has outlined a preferred processing path for the world class Hemi discovery and broader Mallina gold project, which will hit high gold recoveries of between 93- 95% and reduce CO2 emissions compared to alternative processing methods by 25%.The mix of comminution with high pressure grinding rollers (10Mtpa) and pressure oxidation (0.8Mtpa) will result in 20% lower energy consumption and 25% lower lime reagent consumption with lower capital and operating costs.A scoping study released by De Grey (ASXEG) last year outlined a 10-year operation which would produce an average of 473,000oz a year over its first five years, but drilling since that announcement last October boosted resources at Hemi from 6.8Moz to 8.5Moz, with measured and indicated resources up a staggering 80% to 6.9Moz at Mallina and 5.8Moz at Hemi.That means the PFS due for release in September is likely to boast even better numbers, with the costings for the processing method part of a comprehensive process to ensure robust pre-production numbers for Australia’s next world class gold mine.The best technical, environmental and economic outcomeDe Grey says further studies aim to reduce the carbon intensity and greenhouse gas emissions profile of Hemi and Mallina.Managing director Glenn Jardine said the technologies favoured by the trade-off study are robust and well-proven.“The use of a HPGR in the comminution circuit and POx for the oxidation circuit represent the best technical, environmental and economic outcomes for a proposed plant of this scale,” he said.“HPGR and POx are robust, well proven and accepted technologies that have been chosen after extensive testwork. Pressure oxidation demonstrated lower reagent usage and carbon intensity, lowest greenhouse gas emissions and the highest gold recovery of the processing options considered for Hemi mineralisation.“We will carry the selected process flowsheet through the Pre-Feasibility Study currently underway and due for completion in the September Quarter, 2022. The significant increase in the scale and confidence level of Mineral Resources along with the robust flowsheet selected for processing at Hemi enhance and de-risk the project.”How does the flowsheet work?So how will the gold get from the ground into those shiny (and very valuable at over A$2,600/oz) gold bars?