Sunshine Metals Limited has commenced the Liontown Au Study, part of the Ravenswood Consolidated Project in North Queensland. The Au Study will consider the extraction of up to 95,000oz of high-grade gold and 652,000oz of silver.
Sunshine Managing Director, Dr Damien Keys, commented “We are thrilled to expand the scope of the Au Study to incorporate additional high-grade gold sources at Liontown. The extra mineralisation comes from both the Carrington Fresh and the Au-Panel that generated some stellar Au intersections.
Importantly both fresh sources are close to the shallow mineralisation which formed the basis for the Au commercialisation strategy. Metallurgical samples have been sent, Resource work is well underway, mine design and approvals will commence shortly and we are pushing for a commercial outcome as fast as possible!”
Watch out the highlights select;
1: An advanced scoping study over the shallow gold at Liontown, will consider 95Koz Au.
2: The Shallow Au and Carrington Fresh domains are located on granted Mining Lease ML 10277, and the Au-Panel on a mining lease application.
3: The Au Study Resources comprise only ~12% of the total Liontown Au-Cu-Zn-Ag-Pb Resource tonnes and account for ~35% of the contained gold. In addition, mining access to the gold is expected to provide future access to parts of the broader Au-Cu-Zn-Ag-Pb Resource.
4: The Au Study is expected to be completed in January 2026.
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