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Sundance Resources Ltd ABN 19 055 719 394
Previous mining history includes artisanal mining dating back to the 1940s, followed
by intermittent small scale mining since 1976. Historical production is reported to be
about 500,000 tonnes of ore. Production records for the 1998-1999 period indicate that
a total of 35,885 wet tonnes of ore averaging 2.97 g/t Au and 0.63% Cu (non-soluble
component) were mined and processed during the period, resulting in some 1,190
tonnes of concentrate containing 41.96 g/t Au, 20.36% Cu, and 101.84g/t Ag. The
process plant has a current capacity of about 200 tpd and is presently on care and
maintenance.
Most of the mining activity reportedly focused on high grade veins and ore shoots, with
some less selective room and pillars mining taking place in the later years. Existing
underground workings include some 2,000m of development distributed in 11 levels
and a decline (4m x 3m) which links the various levels and is used as transport level.
All underground workings appear dry and in good condition
Existing project infrastructure is in place to support a small scale operation, and
includes.
o Access road – Some 83 km to the closest major town, including 25 km of gravel
road in rugged terrain which will require upgrading. The closest major port
facilities are located some 160 km from the mine.
o Power supply and distribution.
o Water supply and distribution
o Basic camp and office facilities.
o A small scale (200 tpd) conventional flotation plant and associated facilities.
In February 2005, Sundance announced that a total of 22 soil samples were collected
from geological target areas in order to assess the prospectivity of areas outside the
known skarn deposit. Anomalous Cu values were found in each of the soil samples, and
ranged from 550 to 59,700 ppb (low detection limit 10 ppb). Silver values ranged from
2.3 to 235ppb (low detection limit 0.1 ppb).
The program successfully defined strong coincident Cu, Ag, Mo, Au, Zn, Cd and W
responses over the copper target zones. Granitic zones also returned elevated Cu, Ag,
Au, Zn and Pb values, whilst the main fault zone returned elevated Ag, Co, Zn and Pb.
A mineralized breccia showed characteristically elevated Cu, Ag, Co, Zn and Pb.
All field work and geochemical sampling were conducted under the supervision of
Perth based consultants MMI Technology. Sample preparation and assaying was
conducted by ALS Chemex laboratories in Australia.
John Corr
Director
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