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JACKPOT

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JACKPOT
Classification: Active/Verified
Status: Temporary Suspension
Type of Work: Open-Pit
Location: Australia, Western Australia
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Property News

September 30, 2007
Milling of the stockpiled ore from the Jackpot gold mine was completed, producing 3,700 ounces of gold. The following table summarises milling activities of Jackpot ore during the September quarter: Milling Total ore tonnes 43,866 Reconciled feed grade (g/t) 2.83 Recovered ounces 3,700 Recovery (%) 92.0 This milling completes the production at Jackpot where 5,303 ounces were recovered overall over the last 12 months.
August 20, 2007
Milling of stockpiled ore from the Jackpot Mine had commenced. With initial open pit mining at Jackpot, the Company is in a position to properly evaluate the deep higher grade inferred mineralisation at the Jackpot Gold Project for a possible larger scale open pit or underground operation.
August 9, 2006
Announced the first gold production from it’s Jackpot Gold Mine with a first gold pour completed at the Greenfields Mill near Coolgardie. The initial gold pour is the product of the first of three milling campaigns. With the completion of the initial open pit mine, the Company will be in a position to properly evaluate the deep higher grade inferred mineralization at the project for a possible larger scale open pit or underground operation.
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