Burkina Faso mine to produce first zinc by 2009 Related articles
Company Announcement: AIM eyes near term start to world class mine zinc production
Perkoa zinc project Published: 6 Sep 07 - 12:25 Australian miner Aim Resources, a company developing the first zinc mine in west Africa, says first production can be expected from the Perkoa project, in Burkina Faso, by 2009.
Aim CEO Marc Flory said that the company had just completed a new drilling campaign to expand Perkoa’s current proved and probable reserves of 6,3-million tons at 14,5% zinc for 1,1-million tons of contained metal.
“We drilled nine holes over 2 000 m last month and expect assay result shortly but there were clearly significant sulphide identification there,” Flory said.
He added that there was “little doubt” that the project could host one for the richest zinc mines in the world. Aim was expecting to lift total grade to around 16%.
“Current indications are for a mine life of 12 years but we expect that to be extended.”
The company was planning to produce 70 000 t/y of zinc from the mine.
Flory said siteworks and infrastructure were significantly advanced with the box cut now complete and the development of the portal to start shortly.
“We will commence mining in the next three months and stockpile for eight months or so before moving towards producing by the end of next year into early 2009.”
Kevin Skinner
AIM Price at posting:
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