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RANDALLS Project
RANDALLS
Country
Australia
Province
West australia
Close to
Kalgoorlie
Status
PRODUCTION
Latitude / Longitude
31 S 02 / 122 E 33
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Risk and valuation analysis of the RANDALLS Project
Status Risk : Production
Country Risk : Very Low
Resource Risk : 30.00%
In situ value
1,490,386,374 $
Title(s) of the RANDALLS Project
Integra Mining Limited
Owner: 100%
Title
Company Profile
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The Randalls Project was acquired through a Heads of Agreement, followed by a Final Agreement with Solomon ( Australia) Pty Ltd in March and June 2005 respectively. The tenements include the Maxwells, Santa, Rumbles and Cock-eyed Bob open pits (Figure 1).
Location of the RANDALLS Project
Randalls Gold Project is located 60km south-east of Kalgoorlie.
History of the RANDALLS Project
The Randalls Gold Project development is only the second integrated mining and processing new gold mine development based on a new gold discovery in Australia in the past 10 years. On Phase 1 base case production of 75,000 ounces per year.
Reserves and resources of the RANDALLS Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Indicated
4,480,000
3.80
547 334
Mesured and Indicated
4,480,000
3.80
547 334
Inferred
5,930,000
2.80
533 831
Total
10 410 000
1 081 165
Definitions
Reserves and resources of the RANDALLS Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
1 081 165
547 334
547 334
533 831
oz
1 478 255 699 US$
Production Objectives
Metal
2013
2014
2015
2016
2017
2018
2019
GOLD (oz)
100,000
100,000
100,000
135,000
135,000
135,000
135,000
Exploration and drilling
10/8/2010
Capitalises on record gold price with opening of Randalls Mi...
7/5/2010
Randalls Gold Project Construction: June Update
6/22/2010
Initial Production Rate at Randalls Increased 20% to 90,.000...
5/3/2010
Randalls Gold Project Forward Hedging
3/26/2010
Randalls Gold Project Put Options
2/18/2010
Randalls Gold Project Finance Facility Agreement Completed
11/5/2009
Set To Double Production Target At Randalls To +140,000 Ounc...
Discoveries and Drilling Results
9/27/2010
First gold poured at new mine near Kalgoorlie
9/23/2009
Very High-Grade Gold Results from Maxwells Drilling
5/25/2009
High-Grade Gold to 139 G/T Gold from Salt Creek Diamond Dril...
Location
Data last updated on : 12/31/2009
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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