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WPG Resources looks to add gold ounces to Tarcoola

WPG Resources looks to add gold ounces to Tarcoola

Wed Aug 09 2017


During FY2017, the company produced 50,882 ounces of gold from its combined mining operations of Challenger and Tarcoola in South Australia.


WPG Resources (ASX:WPG) is preparing a number of reverse circulation drilling programs to add resources to the open pit gold operation within the 100%-owned Tarcoola mining lease located in South Australia.


Ore is currently trucked 165 kilometres by road from the Tarcoola open pit gold mine to the mill at the 100%-owned Challenger Gold Mine.


The company plans to capitalise on a number of exploration opportunities as a result of increased understanding of geological controls as mining advances in the Perseverance Pit.


Near-pit targets include Morning Star, Forgotten Prince and SW Eclipse.


Source: http://www.proactiveinvestors.com.au/