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BMA set to pour first gold next year.
(From Mineweb)
(Mineweb.com) -- Junior Aussie gold explorer BMA Gold [ASX:BMO] is hoping to fast-track the proposed A$15-$20 million development of its Twin Hills project in Queensland following the release of an exciting first-up high-grade resource.
Sydney-based BMA, who acquired the project from global gold giant Barrick Gold Corp at the start of calendar 2004, today (Tuesday) unveiled an indicated and inferred resource of 961,000 tonnes of ore grading 13.9g/t for an in-situ 429,000 ounces of gold.
This estimate includes a resource of 526,000t at 19.3g/t containing 327,000oz (at a 3.5g/t cut-off grade) for the 309 epithermal deposit, which is …
