Drilling at the Misery Main ore body concluded during the quarter and activities transitioned to the Southwest extension to the Main (deep) ore body. As of date, the Southwest extension drilling is ~40% complete. Additionally, a bulk sample from the Southwest extension was completed and processed. The results from all activities at the Misery underground operation are being analysed for the purpose of Ore Reserve and Mineral Resource reporting.
During the quarter, the Point Lake open pit mining configuration was optimised resulting in a lower waste to ore stripping ratio, focussing on the main kimberlite within the three Point Lake ore bodies. The initial benches for the open pit have been developed, uncovering the top layer of ore. The revised mine plan for Point Lake results in less waste movement requirements in 2025.
On further assessment of the Sable underground kimberlite, it was determined the remaining drillholes were not required. The Sable underground drilling results (reverse circulation and drilling) are being analysed for Ore Reserve and Mineral Resource estimation. The Sable underground prefeasibility study is expected in H2- 2025.
Updating the prefeasibility study for Fox underground project continues to progress and is expected to be finished in Q1-2025. The Fox high value stockpile project equipment purchased during the September quarter is scheduled for delivery to site in early 2025. Further analysis will determine the timing of project implementation.
The Company is on track to deliver its first Burgundy mine plan by the end of Q1-2025. Burgundy will release the longer-term mine plan in the second half of the year. This plan could extend the life of mine to the mid- 2030s.
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