MEEKATHARA-BLUEBIRD/SUNRISE

1,367.45

USD/oz

0.04

green

http://www.infomine.com/investment/metal-prices/gold/

Data as of Jun 19, 2013 07:38AM UTC

Key Facts

Status: Past Producer
Type of Work: Open-Pit

Location: Western Australia, Australia
49 km NNE of Reedy

Commodities: Gold

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Latest Information

May 15, 2008
Reported drill results across a range of prospects to add new reserves and resources and generate additional mining options to the producing operation at Surprise and the planned developments at Bluebird and Prohibition-Vivian-Consols. Best results of the 2008 RC drill programme at Euro prospect are: - 08EURC009 - 12m at 2.9g/t Au from 97m - 08EURC012 - 18m at 3.2g/t Au from 99m - 08EURC024 - 16m at 2.5g/t Au from 58m Mercator has drilled a total of 8 holes to date at Batavia with best intersections of: - 08BVRC005 - 8m at 1.6g/t Au from 85m -08BVRC006 - 8m at 20.2 g/t Au from 86m, including 2m at 72.4g/t Au Best results from drilling by Mercator at Fenian West to date are: - 07FWRC026 - 7m at 4.0g/t from 58m - 07FWRC027A - 7m at 3.0 g/t Au from 72m - 07FWRC038 - 7m at 3.3 g/t Au from 3m The Company produced 10,852 ounces during the quarter ended Mar 31/08, an increase of 37.5% on the previous quarter's gold production which was 7,889 ounces. A total of 315,619 tonnes of ore was processed, with a better than expected recovery rate of 95% gold recovered versus a target of 93%. The average head grade processed was 1.11g/t, 5% above the target of 1.06g/t.

December 31, 2007
The following updates are provided: - re-established and refurbished all infrastructure necessary for the commencement of gold operations at Meekatharra; - commenced mining of the Surprise ore-body in September 2007; - commenced gold production in October from low grade ores left in ramps and access ways within the older Surprise pit; - mined approximately 350,000 tonnes of ore from the low grade material at Surprise at an average grade of 0.75g/tonne almost exactly in line with a modelled grade of 0.76g/tonne; - mined approximately 3.5 million tonnes of waste from the Surprise pit (representing 52% of the total waste to be mined from Surprise); - milled approximately 475,500 tonnes of low grade ores from Surprise and other stockpiled material, an increase of 8% from the forecast; - produced 9,479 ounces of gold - an increase of 12% from the forecast of 8,456 ounces;

October 1, 2007
Announced that first commercial gold production has commenced at Meekatharra. Over 300 ounces (10kg) has been poured and production is on-going: more gold is expected to be poured shortly to finalise September production with the Company poised to increase production in October.

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