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Kirkalocka Gold Mine

Coordinates: 28°40′32″S 117°45′43″E / 28.67556°S 117.76194°E / -28.67556; 117.76194
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Kirkalocka
Location
Kirkalocka Gold Mine is located in Australia
Kirkalocka Gold Mine
Kirkalocka Gold Mine
Location in Australia
LocationMount Magnet
StateWestern Australia
CountryAustralia
Coordinates28°40′32″S 117°45′43″E / 28.67556°S 117.76194°E / -28.67556; 117.76194
Production
Productionactive
History
Opened2002
Closedn/a
Owner
CompanyAdaman resources
Year of acquisition2018

The Kirkalocka Gold Mine is an active gold mine located 70 km south of Mount Magnet, Western Australia. The mine has been idle since 2008.[1][2]

It was named after the nearby Kirkalocka sheep station.

History

Exploration at Kirkalocka has been carried out by a number of companies, including Sons of Gwalia, before Equigold Limited acquired the area in 2001.[2][3]

Equigold, after constructing a plant, commenced mining in September 2002. Over the next six years, the company extracted 307,621 ounces of gold from the deposit, at a grade of 1.52 g/t. Equigold finished mining in October 2005, and continued milling broken ore stockpiles until 14 August 2008.[4] The mine was placed in care and maintenance in September 2008.[2][5]

Equigold Limited sold the Kirkalocka tenements to Mount Magnet South NL in April 2008.[6] The Kirkalocka plant, with associated infrastructure, was acquired by Mount Magnet South in a separate transaction in March 2009.[7]

In November 2015, Kirkalocka was sold to Minjar Gold Pty Ltd, a subsidiary of Shandong Tyan Home Co Ltd, a company listed on the Shanghai Stock Exchange.[8][9][10][11]

Production

Production of the mine:

Year 2 Production Grade Cash cost per ounce
2002-03[12] 45,375 oz 1.64 g/t A$359
2003-04[13] 67,454 oz 1.74 g/t A$341
2004-05[14] 59,367 oz 1.94 g/t A$399
2005-06[15] 47,638 oz 1.39 g/t A$384
2006-07[15] 37,472 oz 1.07 g/t A$432
2007-08[4][11] 42,589 oz 1.06 g/t A$423
2008-09[11] 7,726 oz 1.26 g/t A$292

References

  1. ^ MINEDEX website - Kirkalocka search result Archived 2008-09-11 at the Wayback Machine accessed: 31 July 2010
  2. ^ a b c Kirkalocka Gold Project Mount Magnet South website, accessed: 31 July 2010
  3. ^ The Australian Mines Handbook: 2003-2004 Edition, page: 99
  4. ^ a b "Half year ended 31 December 2007" (pdf), ASX Announcements, Equigold NL, 25 February 2008, retrieved 7 March 2017
  5. ^ "Fourth quarter production report to 31 December 2008" (pdf). ASX Announcements. Lihir Gold Limited. 18 January 2009. Retrieved 7 March 2017.
  6. ^ Kirkalocka site overview Lihir Gold website, accessed: 31 July 2010
  7. ^ Kirkalocka Plant Acquisition Mount Magnet South ASX announcement, published: 16 March 2009, accessed: 31 July 2010
  8. ^ "Sale of Kirkalocka Gold Project - Completion" (pdf). ASX Announcements. Mount Magnet South Limited. 17 November 2015. Retrieved 7 March 2017.
  9. ^ "Kirkalocka". Minjar Gold. Retrieved 7 March 2017.
  10. ^ "Parent company". Minjar Gold. Retrieved 7 March 2017.
  11. ^ a b c "Third Quarter Production Report to 30 September 2008" (pdf). ASXAnnouncements. Lihir Gold Limited. 28 October 2008. Retrieved 7 March 2017.
  12. ^ "Annual Report 2003" (pdf). ASX announcements. Equigold NL. 22 October 2003. Retrieved 7 March 2017.
  13. ^ "Annual Report 2004" (pdf). ASX Announcements. Equigold Limited. 13 October 2004. Retrieved 7 March 2017.
  14. ^ "Annual Report 2005" (pdf). ASX Announcements. Equigold Limited. 20 October 2005. Retrieved 7 March 2017.
  15. ^ a b Preliminary Final Report Equigold ASX announcement, published: 3 August 2007, accessed: 31 July 2010

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