KCN 1.72% $1.43 kingsgate consolidated limited.

This is what super pit would look like, if the road is left to...

  1. 5,904 Posts.
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    This is what super pit would look like, if the road is left to cut a line through the middle of it. Like an expanded Q and expanded A.

    https://hotcopper.com.au/data/attachments/6357/6357473-59566dca905ec46dd4eea694135bec73.jpg

    That matches this:
    https://hotcopper.com.au/data/attachments/6357/6357476-0ecfafb31c80edf41a55a384c8d0268b.jpg

    Q may be expanded after A.

    https://hotcopper.com.au/data/attachments/6357/6357480-289e636f9dfa78045510925e007ac4fb.jpg

    Quarts looks to be less consistent than A, meaning more stripping. I'm not sure if the diagram is showing resistivity along with the veins.

    https://hotcopper.com.au/data/attachments/6357/6357484-9c3b971202fb7b955126906e59fb94a5.jpg

    I remember an old video showing a block model flyover, and the quartz grades looked quite good (after stripping). Below is a similar block model. Quartz is at the middle purple section - decent but less than the closed C-pit

    https://hotcopper.com.au/data/attachments/6357/6357500-3630a7d81149cc2855f9fb71a9776c3c.jpg


    A-pit cross section (gives some size perspective versus the new exploration prospects) -
    https://hotcopper.com.au/data/attachments/6357/6357533-7f01df5a5bc8ce2eea07598f20d077f0.jpg

    I don't see the higher grade in Quartz in this diagram, but the block model seemed to show it.

    https://hotcopper.com.au/data/attachments/6357/6357536-95d2e3091536758a5b81afaf02949219.jpg


    Back in 2013 (Quartz does not get separated from A):
    https://hotcopper.com.au/data/attachments/6357/6357537-19f26596223230fd2926dcda1d75caff.jpg
    https://hotcopper.com.au/data/attachments/6357/6357540-951e8cb8815c02d062456a3b7bece42f.jpg

    https://hotcopper.com.au/data/attachments/6357/6357538-efcb03ebf3f6952cd70e1ea573bd0777.jpg

    Since Quartz was withheld for a decade, and since the block model looks to be stronger in the Quartz area than A-East, maybe Quartz is better than the average of A-full. A-full showed 35MT @ >0.8g/t (Proved/Probable). So maybe we have half of that tonnage left, so 3 years at 7mtpa unless the gold price allowed us to expand the pits more versus 2013 numbers. A-East has probably become lower grade since then, but with Quarts being above average, maybe we can average 0.8g/t as management have suggested.


    This is not showing grades, just ore zones at certain elevations. Quarts looks solid at the above-ground elevation.
    https://hotcopper.com.au/data/attachments/6357/6357551-fa79d6441333c4252633f1f610af570c.jpg


    https://hotcopper.com.au/data/attachments/6357/6357553-0ecfafb31c80edf41a55a384c8d0268b.jpg
    We seem to be mining in the right area. Just I can't tell if the depth we're mining at is waste or ore.

    But I don't see any reason for them to withhold proper ore from the plants, unless intentionally keeping profit low for negotiation purposes? The other possibility is, mining the waste has been going slow.
 
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