pd282-May20-mag-web_Neat

AFRIcA





Resolute back on track at Syama




esolute Mining Ltd has shrugged off proves positive, the company expects de- “We are blasting more than we are min-
Rprocessing issues which afflicted it last cline development to begin early in 2021 ing and hauling at the moment, but we are
year and is now focused on fulfilling its Af- with a 12-month construction timeline. building up for success in later years,” he
rican potential, according to managing di- “We are excited by the high-grade said. “Sub-level caving operations can be-
rector John Welborn. shoots we are hitting and all indications come very successful rock factories if run
Resolute saw production from its flag- are for low capital requirements because correctly.”
ship Syama operation slip to 46,000oz of our use of long-hole stoping methods Mining rates hit record tonnages of
in the September and December quarter and the significant infrastructure already 190,000t in the March quarter, 95% of the
after it was forced to shut down the sul- in place on surface,” Welborn said. overall target for the fully automated un-
phide circuit and refurbish the ore roaster The Syama oxide circuit has been vital derground mining
at the mine. That work was completed in to overall operations during the roaster’s Syama’s recovery is opportune for Res-
December with the March quarter show- refurbishment. Tabakaroni produced olute given the company has divested its
ing the start of a rebound with 57,541oz 36,101oz gold from open pit oxide opera- only Australian asset in Ravenswood.
produced from Syama in the period. All- tions in the March quarter which made up Welborn said the company was satis-
in sustaining costs also reflected the im- the bulk of Syama’s gold production given fied with the results – despite the rampant
provements, falling from $US2,157/oz in the recommissioning of the roaster was Australian gold price in the months since
the December quarter to $US1,083/oz ongoing. the price was set – and said the $50 mil-
in the March quarter. Welborn said both “That oxide mine performed well and lion convertible note meant Resolute
numbers were set to continue improving. the pressure of the transition to under- would continue to participate in the mine’s
“The impact of the roaster issues in the ground at Syama was eased because of success.
September and December quarter saw the contribution of the oxide resources,” The sale of Ravenswood coincided with
significantly elevated costs. There was Welborn said. “And, there is sufficient a wider company rebalance which also
significant improvement on the December oxide resources to give us time to get an- saw a revising of the balance sheet.
and September quarters and we expect other sustainable underground ore source Resolute raised $194 million in a two-
that improvement to continue,” he said. [from Tabakaroni].” tranche placement and share purchase
Recoveries at Syama improved to 75% Oxide exploration has continued along plan in January and rearranged its debt
for the March quarter following the roaster the Syama belt with results produced af- finance in March, replacing existing
refurbishment with levels of 80% expected ter the quarter including hits of 7m @ 23 $US195 million high-cost bridging and
to be achieved in the June quarter. Life- g/t from 17m and 23m @ 7 g/t gold from project loans facilities – part of 2019’s ac-
of-mine recoveries are estimated at 85% 8m at Syama North and 10m @ 7 g/t from quisition of Toro Gold – with a $US300 mil-
which Welborn said would be achieved by 141m and 50m @ 5 g/t from 132m at Taba- lion syndicated senior debt facility.
the end of 2020. karoni. “It has resulted in a much simpler bal-
The turnaround at Syama was vital for Welborn said the oxide exploration ance sheet with the balance of debt re-
Resolute following last year’s decision to would continue but the company didn’t duced from $US426 million on December
commit itself fully to an all-West African expect to make further Syama-sized dis- 31 to gross of $US308 million on March
portfolio. coveries. 31,” chief financial officer Stuart Gale said.
In January, the company announced “The reality is if there was a very large The company also bought out Tau-
the sale of its remaining Australian asset, oxide orebody on the belt, we would’ve al- rus Fund Management’s 1.1% royalty on
the Ravenswood gold mine in Queens- ready found it. The opportunity is to find Mako, acquired as part of the Toro trans-
land, to EMR Capital for $50 million cash more of those smaller satellite deposits,” action last year.
upfront and a $50 million convertible note he said.
set at 6%. Welborn said the sale was a While oxide mining will continue, Reso- – Dominic Piper
culmination of a long-held ambition to be lute is eager to see sulphide production
an African-focused producer with Syama hit forecast levels. While the plant is still
at its heart. recovering, Welborn was delighted with Underground mining rates at the fully
“We have ambitions for Syama to be underground mining performance. automated Syama mine are at 95% of
a long-term 300,000 ozpa producer,” he long-term targets
said. Attention has now switched to Sy-
ama’s future with a PFS on taking the
Tabakaroni mine underground set for re-
lease later this year.
“This quarter will provide the evidence
of where that ambition comes from,” Wel-
born said. “With Syama underground set
to produce 260,000 ozpa and with the
Tabakaroni underground there is clear op-
portunity for a long-term production base.”
The current PFS is based on under-
ground sulphide resources with Resolute
intent on incorporating that ore feed into
the Syama sulphide circuit. If the PFS


aUSTRaLIa’S PaYDIRT MaY 2020 Page 51

SIGNED, SEALED AND DELIVERED



RBR subsidiary Futuro Skills.
JOBA has committed about £582,000
($1.16 million) from the S4E fund to this
training initiative.
RBR has previously allocated capital in
preparation for this programme in the form
of staff, systems, licenses, registrations and
equipment, and will invest further funds in
accordance with the co-funding structure of
the JOBA grant.
Under the terms of the grant contract,
Futuro Skills will deliver a construction skills
internship programme at its new training
centre in the city of Palma, where the LNG
projects will be built.
Primero picks up contract

variations

Primero Group Ltd has been awarded
$20 million worth of variations to its exist-
ing contracts with Rio Tinto Ltd at both Koo-
daideri and Mesa K.
Swift landed a series of contracts with some of the biggest names in mining last month The variations awarded under the Mesa
K contract reflect additional civil works at
Swift serves up $3.25 village-wide network Wi-Fi. the Mesa J PP2 wet processing facility, cur-
rently being developed as part of Rio Tinto’s
Swift will also provide pay-TV content
million for mine camps and ad-hoc support and maintenance ser- Robe Valley sustaining projects. These are
vices to five of Mineral Resources’ remote on track to be completed this year.
Swift Media Ltd secured five new con- accommodation sites in Western Australia, The additions to the Koodaideri contract
tracts last month – including four from as per the two-year agreement. reflect additional “options selections” that
clients in the mining industry – to provide Roy Hill agreed to extend its use of have now been confirmed and included for
fit-for-purpose communication and enter- Swift’s services for another 12 months at its implementation. These are expected to be
tainment systems at workforce accommo- mine village. completed in-line with the original contract-
dation villages. ed timeframe of mid-2021.
The five deals with Rio Tinto Ltd, Min- Primero is progressing both projects in
eral Resources Ltd, Atlas Iron Pty Ltd, Roy RBR prepares for parallel.
Hill Holdings and an unnamed quarantine Mozambique’s LNG boom
camp carry a total value of $3.25 million. Tlou agrees to terms in
Swift was appointed by Rio Tinto to reac- RBR Group has received a funding grant
tivate and expand the village entertainment from UKaid to provide training services to Botswana
system for the Western Turner Syncline 2 Mozambican youth to prepare them for
project. The contract scope includes pro- the country’s imminent LNG construction Commercial terms for an interim 2MW
viding television headend, network and boom. CBM pilot power purchase agreement
CCTV installation works. The grant falls under the UK Department (PPA) between Tlou Energy Ltd and the
For Atlas Iron at Corunna Downs, Swift for International Development’s Skills for Botswana Power Corporation (BPC) have
will design, supply and construct an enter- Employment (S4E) programme, known lo- been finalised.
tainment system for the 136-person camp, cally as JOBA, and has been awarded to Final regulatory formalities specific to the
as well as install fibre optic cabling and a agreement were being completed at the



A WORLD OF INTEGRATED


SUPPLY CHAIN SOLUTIONS



Africa logistics specialists / consolidations / multi modal /
remote site logistics / warehousing / full documentation management /
projects / freight forwarding / road - air - ocean - charter







Page 52 MaY 2020 aUSTRaLIa’S PaYDIRT

time of print. R2900G underground loaders and supplied landslide works – and is expected to have
While the finer details of the interim PPA two associated automation centres. a peak workforce of about 140 people, in-
will remain confidential, at the request of Guidance automation enables loaders cluding subcontractors.
BPC, Tlou believes this milestone marks an to operate with minimal intervention by ma- Airside works include bulk earthworks,
important step forward in its bid to generate chine operators based inside the automation pavement construction and drainage works
cleaner power in Botswana for supply into centres, either on the surface of the mine or for construction of a new 1.86km-long run-
the local and regional power markets. in a secure location underground. way and refurbishment of the existing taxi-
Tlou remains in discussions with poten- The autonomous solution improves safety way. The landside portion includes all ser-
tial project financiers which have been wait- onsite by relocating mine personnel away vices for the upgrade of the existing terminal
ing for such an agreement to be struck. from the mine-face and reducing unplanned building and surrounding infrastructure.
The company is still awaiting a decision maintenance downtime by eliminating ma- Initial contract works began in late March
from the BPC and Botswana’s Ministry of chine operator errors. and are expected to be completed in Oc-
Mineral Resources Green Technology and RCT’s African-based staff provided com- tober.
Energy Security on its proposal to develop prehensive training to machine operators “NRW has a long history with BHP in
a 10MW CBM gas-to-power plant, which and will continue to offer ongoing after-sales their iron ore, coal and nickel divisions, but
is separate to the 2MW interim PPA an- support to AUMS. this contract marks the first project for the
nounced last month. copper operations,” NRW managing direc-
Olympic Dam airport set tor Jules Pemberton said.
RCT in control at Siou for upgrade

RCT has successfully integrated its auto- GR swims upstream
mation technology at the Siou underground NRW Holdings Ltd has been contracted for Triangle
gold mine in Burkina Faso. to upgrade the airport servicing BHP Ltd’s
In conjunction with African Underground Olympic Dam operation in Roxby Downs, GR Engineering Services Ltd’s wholly
Mining Services (AUMS), RCT commis- South Australia. owned oil and gas services business, Up-
sioned its ControlMaster guidance auto- The $48 million contract is comprised stream Production Solutions Pty Ltd, has
mation technology on two of Siou’s CAT of two separable portions – airside and renewed its partnership with Triangle En-
ergy Operations Pty Ltd for at least another
three years.
Upstream has entered into a new con-
tract to continue providing operations and
maintenance services to the Arrowsmith
stabilisation plant and Cliff Head alpha off-
shore platform in the Perth Basin, Western
Australia.
“Upstream continues to perform well in
challenging market conditions and we are
excited that we have been given the oppor-
tunity to continue to support Triangle En-
ergy,” GR Engineering managing director
Geoff Jones said.
Upstream has been providing opera-
tions, maintenance, projects and advisory
services to Arrowsmith and Cliff Head since
both were commissioned in 2006.



RCT has successfully commissioned
its autonomous technology at the Siou
underground gold mine, Burkina Faso


NUCLEUS















+27 (0)10 593 0509 [email protected] www.nucleusml.co.za



aUSTRaLIa’S PaYDIRT MaY 2020 Page 53

DRILL BITS bostech.com.au
ReGIonAL RounDuPExploring together for success




Legend on paydirt drilling in New South Wales this year. cant intersections greater than 20m thick-
Follow-up drilling at Hume (93m @ 4.24
ness. Drilling is part of a programme fol-
in Fraser g/t gold from 56m) to depths of 510m and lowing up on the historic 12.26mt resource
379m respectively, has been completed at at Mount Hope identified in 1973.
Legend Mining Ltd managing direc- the Cullarin project and assays pending at In addition to a resource at Mount Hope,
tor Mark Wilson said the company had the time of print. more drilling is planned for the Poochera
hit paydirt at the Mawson project in the Meanwhile, Sky plans to complete drilling JV with Minotaur Exploration Ltd ahead of
Fraser Range after first assay results from at the Kangiara and Caledonian gold pro- a PFS on the project due for release this
RKDD008. jects in May/June. month.
“The results and photos from the sul- There are currently no state or federal re-
phide zones in hole eight confirm economic strictions preventing Sky from rolling out its Chalice leads the way
grades of nickel-copper-cobalt. In simple programmes.
terms this is paydirt,” Wilson said. Chalice Gold Mines Ltd’s second dia-
Assays results have been received from Andromeda’s fine mond drill hole at Julimar, 70km north of
five intervals of significant nickel-copper Perth, has intersected both massive and
sulphide mineralisation, with two zones of white line matrix sulphides over significant intervals.
heavy disseminated, semi massive and Andromeda Metals Ltd is poised to re- Hole JD002 at the Gonneville intrusive
massive nickel-copper sulphide including veal a resource at the Mount Hope hal- at the southern end of the 26km-long
5.8m @ 0.97% nickel, 0.61% copper, 0.05% loysite-kaolin project in South Australia Julimar intrusive complex was drilled as
cobalt from 148m; 10.4m @ 1.32% nickel, next month. a scissor hole of JD001 which returned
1.11% copper, 0.07% cobalt from 153.8m. An aircore programme consisting of 40 19m @ 8.4 g/t palladium, 1.1 g/t plati-
Meanwhile, three zones of massive holes for 1,383m has reportedly hit signifi- num, 2.6% nickel, 1% copper and 0.14%
nickel-copper sulphide were also reported, cobalt from 48m in massive and matrix
which included 5.6m @ 2.85% nickel, 1.86% sulphides.
copper, 0.15% cobalt from 199.4m; 6.9m @ Strongly mineralised massive and ma-
2.55% nickel, 1.67% copper, 0.14% cobalt trix sulphide mineralisation was intersect-
from 218.2m and 12.8m @ 2.76% nickel, ed in JD002 from the base of complete
1.36% copper, 0.14% cobalt from 234.9m. oxidation at 34.9m to 101m downhole (not
Meanwhile, the diamond rig has been true width), confirming the interpretation
moved to drill hole RKDD012 after two of a westerly dipping zone with massive
zones of significant nickel-copper sul- sulphides over 34.9-44.7m and 48.7-
phides were intersected in RKDD01. The 68.3m and matrix sulphide from 68.3-
upper interval returned 15m of vein, brec- 101m
cia, disseminated, semi-massive nickel- All assays for JD002 were pending at
copper sulphides from 129.25m-144.25m, the time or print. Chalice’s success has
while the lower level returned three massive spurred Liontown Resources Ltd to com-
nickle-copper sulphides intercepts totalling plete an initial phase of ground-based ex-
12.4m within 21.6m from 217.5m-239.1m. ploration work at its 100%-owned Moora
Structural logging and downhole EM nickel project, about150km north-north-
were underway at the time or print with as- east of Perth, while DevEx Resources Ltd
says to follow. has lodged three exploration licence ap-
plications within the Julimar complex.
No limits on Sky’s Meanwhile, Mandrake Resources
Ltd has entered into a conditional bind-
drilling ing heads of agreement with Andean
After completing tranche two of a recent Energy Resources Pty Ltd to farm-in to
capital raising, Sky Metals Ltd has $11.5 ELA 70/5345 (Jimperding project), about
million in the bank and is fully funded for Andromeda is forging ahead on two fronts within 30km east of Julimar.
South Australia’s emerging halloysite-kaolin sector Cassini Resources Ltd is also active
















Exploring together for success







Page 54 MaY 2020 aUSTRaLIa’S PaYDIRT

Exploring together for success bostech.com.au



40km from Julimar, with the company an- prospect will further complement the pro- The company reported a hit of 89m
nouncing the third discovery at Yarawin- ject’s mill recommissioning inventory, giv- @ 6.9 g/t gold and 23.6 g/t silver from
dah, Ovis. en it is one of a cluster of three prospects, 114m-203m, within a broader intersec-
Three drill holes targeted EM conduc- including McClaren 4m @ 90.6 g/t gold tion of 137.3m @ 4.6 g/t gold and 16.5
tors and intersected nickel-copper sul- and 8m @ 3.35 g/t, within close proxim- g/t from 67.7m to 205m from Sturec last
phide mineralisation at shallow depths, ity to its 600,000 tpa processing plant at month.
with best results including 2.25m @ 1.09% Sandstone. Metals Tech believes the intersec-
nickel, 0.99% copper, 0.08% cobalt and A PFS on recommissioning the fully tion demonstrates strong potential for
0.24 g/t PGE from 84.8m and 0.9m @ permitted mill as a standalone project is the high-grade mineralised zone to ex-
1.44% nickel, 0.76% copper, 11% cobalt expected to be completed in mid-2020. tend into an area which has not been
and 0.19 g/t PGE from 86.5m. Current indicated and inferred resources previously drilled or mined. Earlier in
at Sandstone consist of 123,000oz gold, April, MetalsTech reported a resource
Pitt in with Metal Hawk while an underground exploration target of of 21.2mt @ 1.5 g/t gold and 11.6 g/t sil-
24-34mt @ 1.1-1.4g/t for about 900,000- ver, containing 1.026 moz gold and 7.94
Josh Pitt’s Hampton Hill Mining NL has
entered into a JV with Metal Hawk Ltd at 1.5 moz gold has been set. moz silver from an open cut scenario
the Clinker Hill nickel sulphide project, MetalsTech follows and a further 388,000t @ 3.45 g/t gold
30km south-east of Kalgoorlie. and 21.6 g/t silver containing 43,000oz
Hampton Hill can earn a 30% interest resource with big hit of gold and 270,000 of silver from an un-
in Clinker Hill – 50km south of the Silver derground basis. The company also re-
Swan nickel mine – by completing a dia- MetalsTech Ltd has intersected broad ceived an extension to an underground
mond drill hole to a minimum 300m length zones of gold and silver mineralisation from mining permit by the Slovakian Govern-
within four months. Should drilling inter- its Sturec goldmine project in Slovakia. ment.
sect greater than 3m over 3% nickel sul-
phide, Hampton Hill will need to complete
a further hole of 450m (minimum length)
within a further two-month period.
After completion of that hole Hampton
Hill will have the right to complete the ac-
quisition of the 30% interest by completing
a total project expenditure of $1 million
within two years. The JV will then continue
with each party making pro-rata contribu-
tions to expenditure.
Middle Island gears up
for Sandstone PFS

After raising $2.8 million earlier this year,
Middle Island Resources Ltd has put the
money to good use with encouraging re-
sults in April from Sandstone, Western
Australia.
Shallow intercepts from the McIntyre
prospect of 24m @ 1.66 g/t gold, 23m @
1.4 g/t, 11m @ 1.39 g/t and 18m @ 1.35g/t
were garnered from a further 12 holes of a
13,400m Phase 1 RC drilling programme. Middle Island has made sound progress on a Phase 1 RC drilling programme at Sandstone, central
The company believes the McIntyre Western Australia



Industry leaders in Aircore


Deep hole Reverse Circulation

Experienced in complex remote exploration drilling



29a Clayton St, Bellevue WA 6056

www.bostech.com.au 08 9250 4252





aUSTRaLIa’S PaYDIRT MaY 2020 Page 55

coMInGs AnD GoInGs




drian Paul has joined Ja- tion of non-executive director ration Ltd) and is a former ei He and Zhe Xu have
Adar Resources Ltd as an Brian Talbot last month. president of the SA Chamber Fjoined Energy Metals Ltd
executive director. Paul has of Mines and Energy. In other as non-executive directors
more than 30 years of experi- aturn Metals Ltd has ap- board changes, Tony Breuer following the resignations
ence in the securities industry Spointed experienced and Phil Baker will retire as of Deshao Chen and Zimin
and was previously a partner company director Brett Lam- directors at the company’s Zhang.
with stockbroking firm DJ bert as its new independent upcoming AGM.
Carmichael & Co. non-executive chairman. In- ohn Dorward has resigned
augural chairman Rob Tyson Jas a non-executive director
ictor Rajasooriar has re- will remain on the board as a of Navarre Minerals Ltd due to
Vsigned as chairman of non-executive director. his increased work commit-
Horizon Gold Ltd following ments as president and chief
the termination of the compa- ulian Babarczy has been executive of Canada-based
ny’s management agreement Jelevated to the role of ex- Roxgold Inc.
with Panoramic Resources ecutive chairman at Perpetual
Ltd. Meanwhile, Jamie Sulli- Resources Ltd. A finance in-
van and John (Dugald) Morri- dustry professional, Babarczy
son have been appointed new joined the company’s board in
directors. Meanwhile, Trevor June 2018 as non-executive
O’Connor has replaced Dar- chairman.
ryl Edwards as company sec-
retary for Horizon. O’Connor ormer Avanco Resources Derek Carter
is also chief financial officer Fdirectors Simon Mottram hairman Robert Downey
and company secretary for and Luis Azevedo have joined Cand director Jeremy Read
Exore Resources Ltd and pre- the board of Odin Metals Ltd. have resigned from the board
viously held the same roles at Jason Bontempo has also of MetalSearch Ltd. Keong
Kasbah Resources Ltd. been appointed executive Chan has assumed the role of
chairman, while Aaron Berto- chairman, while Peter Zardo John Dorward
tephen Jones has re- latti has resigned as a director has joined the company as its
Ssigned from the board but will remain company sec- new chief operating officer. egan McPherson has re-
of Torian Resources Ltd, but retary. Mplaced Angela Pankhurst
will still play a role on an as alium Lakes Ltd has ap- as company secretary for
needed basis, according to T anga Resources Ltd Kpointed Dale Champion PanTerra Gold Ltd. McPher-
the company. founder John Stockley as a non-executive director. son was previously chief
has stepped down from the Champion established private financial officer for Cuesta
board. Chris Van Wijk, who Australian-based advisory Coal Ltd and Magnis Energy
had been working with the firm Agrify in 2010 to support Technologies Ltd.
company as a consulting ge- large-scale agricultural inves-
ologist, has been formally ap- tors and industry participants. ale Hanna has been ap-
pointed to the role of technical He also founded the Special- Dpointed company secre-
director. ised Agri Solutions platform tary for Castillo Copper Ltd,
for the Commonwealth Bank. replacing Tim Slate.
enry Kinstlinger has been
Happointed company sec- ichael Holmes has been oziron Resources Ltd
retary of Force Commodities Mappointed president and Chas appointed David
Ltd, replacing Michael Pitcher. chief executive of Oceana- Flanagan as non-executive
Gold Corp on a permanent chairman, replacing long-
basis. Holmes joined the standing incumbent Adam
Chris Evans aul Mason has succeeded company in 2012 as chief op- Sierakowski. Flanagan, who
PTrevor Verran as com- erating officer and recently was the nominee of largest
hris Evans has resigned pany secretary for Emmerson stepped into the top job in an shareholder of Mark Creasy,
Cas managing director of Resources Ltd. Mason was interim capacity following the was the founder of Atlas Iron
Mali Lithium Ltd, with Alistair previously group accounting departure of Mick Wilkes. Ltd and is currently chairman
Cowden to assume the role manager at Kingsgate Con- of Battery Minerals Ltd. Siera-
of executive chairman on a solidated Ltd and financial revor Tennant has retired kowski will continue as a non-
part-time basis as the com- controller for Catalpa Re- Tas a director of Southern executive director.
pany prepares to focus more sources (now Evolution Min- Hemisphere Mining Ltd.
on its gold tenure in West Af- ing Ltd). ithium Consolidated Ltd
rica. Noel O’Brien has also rian Thomas has stepped Lhas appointed Don Smith
stepped down from the board, eteran South Austral- Bdown from the board of as managing director. Andrew
but will be retained as a min- Vian mining identity Derek Auris Minerals Ltd as part of a Haythorpe, who had served
eral processing consultant for Carter has been appointed company-wide cost saving re- as interim chief executive
the next three months. as non-executive chairman of structure. Mark Clements has since last October, will remain
Hillgrove Resources Ltd, re- also departed as company with the company as a non-
epidico Ltd is not envisag- placing John Gooding. Carter secretary, with chief operating executive director.
Ling any new board appoint- was the founder of Minotaur officer Mike Hendriks to as-
ments following the resigna- Gold (now Minotaur Explo- sume those responsibilities.

Page 56 MaY 2020 aUSTRaLIa’S PaYDIRT

SUBSCRIBE NOW



Australia’s Paydirt Gold Mining Journal Both
(11 editions) (4 editions) (15 editions)

Within Australia $130 $50 $180


PNG, New Zealand & Asia $205 $110 $305

Elsewhere $240 $125 $345
* Single issue price - $11.95 inc GST. 2 year subscription available.

PERSONAL DETAILS
Name: ...........................................................................................................................................................................


Company Name: .......................................................................... Position: ..................................................................


Postal Address: ............................................................................................................................................................

Postcode: .................................. State: ......................................... Country: ..................................................................


Phone: ....................................... Email: .........................................................................................................................


PAYMENT METHOD Tick here to pay your bill automatically annually

EFT Name: Paydirt Media Pty Ltd Bank: ANZ Bank Branch: West Perth
BSB: 016 498 Acc: 8371 62319
International SWIFT Code: ANZBAU3M *Please quote company name

Post Cheque Payable to: Paydirt Media Pty Ltd PO Box 1589, West Perth, Western Australia 6872

Credit Card MasterCard Visa Amex Diners

Card Number – – – Expiry Date:


Amount: $AUD ................... Name on Card: .................................................................... CVV / CSC No: ....................




P: +61 8 9321 0355 F: +61 8 9321 0426 [email protected] www.paydirt.com.au

LeFtFIeLD






Window Exploring South East Asia’s




powered premiere nickel sulfide district




electricity AN ADVANCED NICKEL SULFIDE PROJECT


Ta Khoa Project (Nickel-Coper-Cobalt-PGE),
Vietnam
emi-transparent solar cells that can be This technology will transform windows into agency, CSIRO, used a different approach.
Sincorporated into window glass are a ga- active power generators, potentially revolu- They used an organic semiconductor that • Ban Phuc Mine operated from 2013 to 2016,
mechanger that could transform architecture, tionising building design. Two square metres can be made into a polymer and used it to mining 975kt @ 2.4% Ni & 1.0% Cu for 20.7kt
urban planning and electricity generation, of solar window, the researchers say, will gen- replace a commonly used solar cell com- Ni & 10.1kt Cu;
Australian scientists say in a paper in Nano erate about as much electricity as a standard ponent (known as Spiro-OMeTAD), which
Energy. rooftop solar panel. shows very low stability because it develops • Existing infrastructure built to Australian
The researchers – led by Professor Jacek The research was also supported by the an unhelpful watery coating. The substitute Standards includes a 450ktpa concentrator
Jasieniak from the ARC Centre of Excel- Australian Renewable Energy Agency (ARE- produced astonishing results. and a modern mechanised underground mine
lence in Exciton Science (Exciton Science) NA). “Rooftop solar has a conversion efficiency located within a premier nickel sulfide district;
and Monash University – have succeeded in The idea of semi-transparent solar cells is of between 15 and 20%,” Jacek said. • Invested capital in excess of US$136m
producing next-gen perovskite solar cells that not new, but previous designs have failed be- “The semi-transparent cells have a conver- generated US$213m in revenue and paid total
generate electricity while allowing light to pass cause they were very expensive, unstable or sion efficiency of 17%, while still transmitting contributions to government of US$65m
through. They are now investigating how the inefficient. more than 10% of the incoming light, so they during a 3.5 year period of falling nickel
new technology could be built into commer- Professor Jasieniak and colleagues from are right in the zone. It’s long been a dream prices;
cial products with Viridian Glass, Australia’s Monash’s Materials Science and Engineering to have windows that generate electricity, and
largest glass manufacturer. Department and Australia’s national science now that looks possible.” • Alliance with Korea’s largest electric vehicle
battery cathode producer, Ecopro BM Co –
$6.8m raised in April at a 62% premium
• Drilling is ongoing with four rigs on site;
InDeX exploration will include both infill drilling,
targeting the known Ban Phuc disseminated
sulfide zone, as well as step out drilling,
Agrimin 23, 24, 33 Danakali 23, 24, 27, 28 Kore 23, 27, 48-49 Paladin 13
Andromeda 54 Davenport 23, 24, 27, 31 Panoramic 16, 56 testing newly identified targets;
Anglo American 4, 23-25, 33 Deep Yellow 12-13 Lake 42 PanTerra 56 • Shallow, high grade disseminated nickel
35, 37, 48-49 DevEx 54 Legend 5, 18, 20, 54 PC Gold 9 sulfide mineralisation continues to be
AngloGold 50 Lepidico 56 Perpetual 56 intersected at the King Cobra Zone with
Atlas Iron 52, 56 Emmerson 56 Liontown 54 Poseidon 16 significant results including 39m @ 1.1%
Auris 56 Energy Metals 56 Lithium Consolidated 56 Predictive 50 Ni and 28m @ 1.2% Ni from near surface –
Australian Potash 23, 24, 26, 35 Evolution 8, 56 Los Cerros 37 drilling continues to intersect the KCZ over
AuTeco 9 Exore 56 Lundin Gold 40 Resolute 50, 51 200m of strike length;
Reward 23, 24, 34
B2Gold 46 First Mining 9 Magnis 56 Rio Tinto 25, 52 • EM and IP surveys underway;
Bannerman 12-13 First Quantum 37 Mali Lithium 56 Roxgold 56 • Previously unrecognised PGE grades
Bardoc 8 Force 56 Managem 50 Roy Hill 52 suggest a potential by-product credit could
Battery Minerals 56 Freeport 37 Mandalay 8 significantly enhance the future economics of
BCI 10 Mandrake 54 Salt Lake 23, 24, 26, 29 the project;
Bellevue 9 Galileo 18 Metal Hawk 55 Saturn 56
BHP 4, 25, 35, 37, 49, 53 Glencore 37 Metalsearch 56 Sky 54 • Blackstone is fully funded to deliver a maiden
Big River 38 MetalsTech 55 Solgold 40 resource and a scoping study by mid 2020
Hampton Hill 55 Meteoric 38 Southern Hemisphere 56
Cameco 12-13 Highfield 23, 24, 27, 31, 32 Middle Island 55 St George 5
Cassini 5, 54 Hillgrove 56 Mineral Resources 10, 52
Castillo 56 Horizon Gold 56 Minotaur 54, 56 Tanga 56
Celamin 30 Teck 37
Chalice 5, 19, 20, 54 Jadar 56 Navarre 56 Tempus 40-41
Cleveland 4 Newmont 36 Tiger 48
Coziron 56 Kalium Lakes 23, 34, 56 Nutrien 4, 25 Torian 56
Cuesta 56 Kasbah 56 FOLLOW US
KazAtomProm 12 OceanaGold 56 Vimy 12-13
Dacian 7 Kingsgate 56 Odin 56 @Blackstone_BSX
Kogi 46
au.linkedin.com/company/blackstone-minerals
facebook.com/blackstoneminerals
Page 58 MaY 2020 aUSTRaLIa’S PaYDIRT For more information, visit www.blackstoneminerals.com ASX: BSX


BSX Flyer April 2020.indd 1 14/04/2020 12:13:41 PM

Exploring South East Asia’s



premiere nickel sulfide district






AN ADVANCED NICKEL SULFIDE PROJECT
Ta Khoa Project (Nickel-Coper-Cobalt-PGE),
Vietnam

• Ban Phuc Mine operated from 2013 to 2016,
mining 975kt @ 2.4% Ni & 1.0% Cu for 20.7kt
Ni & 10.1kt Cu;
• Existing infrastructure built to Australian
Standards includes a 450ktpa concentrator
and a modern mechanised underground mine
located within a premier nickel sulfide district;
• Invested capital in excess of US$136m
generated US$213m in revenue and paid total
contributions to government of US$65m
during a 3.5 year period of falling nickel
prices;
• Alliance with Korea’s largest electric vehicle
battery cathode producer, Ecopro BM Co –
$6.8m raised in April at a 62% premium
• Drilling is ongoing with four rigs on site;
exploration will include both infill drilling,
targeting the known Ban Phuc disseminated
sulfide zone, as well as step out drilling,
testing newly identified targets;
• Shallow, high grade disseminated nickel
sulfide mineralisation continues to be
intersected at the King Cobra Zone with
significant results including 39m @ 1.1%
Ni and 28m @ 1.2% Ni from near surface –
drilling continues to intersect the KCZ over
200m of strike length;
• EM and IP surveys underway;
• Previously unrecognised PGE grades
suggest a potential by-product credit could
significantly enhance the future economics of
the project;
• Blackstone is fully funded to deliver a maiden
resource and a scoping study by mid 2020










FOLLOW US
@Blackstone_BSX
au.linkedin.com/company/blackstone-minerals

facebook.com/blackstoneminerals
For more information, visit www.blackstoneminerals.com ASX: BSX


BSX Flyer April 2020.indd 1 14/04/2020 12:13:41 PM

20/2/20 8:16 am

1 + 1 = 99.9+ %
A different perspective on space-based
communications …
Aggregate Availability © 2020 Aurora Australis Network


















Diverse Path We cordially invite you to contact us by phone or email so we can learn more about your project and requirements, and to discuss how our small team of the right people can bring a different perspective to your operations! Aurora Australis Network ABN 55 008 922 530 8/95 Canning Highway South Perth, 6151 Western Australia Tel: +61 8 6363 5030 Email: [email protected] Web: aurora.net.au











Primary Link through to The within ~3 your network, private vehicle whilst and IOT : Cost effective including systems the appropriate balance size and cost, link
Inherently diverse system design; 256kbps Link speeds from greater than 100Mbps; Comms on the Pause (COTP) : ability to “stop and prop”, and gain your network minutes via an auto-acquire antenna Comms on the Move (COTM) : The ability maintain access to even whilst moving on land, sea or air. With systems designed to handle up to 130km/h on land, extending a into a network directly on the move opens up new operational solutions




















access to system; to possibilities; Telemetry selecting between
♦ ♦ ♦ ♦ ♦ ♦
make sense to spare without a remote sites are on a IP network, we figures reliability jointly the best possible outcome for also provide a communications and technologies, Western in with direct access to both Pacific and Region









A spare. It wouldn’t site to 4WD tyre; yet countless operating with just a single satellite link; when it stops, the whole site is affected. With so many core business systems and operational systems relying “always-on” strongly believe in the value of delivering a robust satellite comms architecture overall delivers that approach the mythical 100%. The use of two or more satellite systems, landing at different teleports and






Australia
systems
reliable
drive a
deliver
A4 Paydirt Ad.indd 1
that
and
the