Tag: Plateau

Rockfire Resources says a preliminary scoping study has returned positive results for a small-scale, open-pit mining operation at the company's Plateau gold deposit in North Queensland.

The study indicated the operation would achieve a cash flow ranging from $6.8 million to $19.4 million, based on a spot gold price of $2220 ($US1718) per ounce.

The company recently announced a 515 per cent increase in gold ounces at the project to more than 200,000 ounces of gold. . .

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Rockfire Resources has announced a 515 per cent increase in gold ounces at its Plateau project in North Queensland to more than 200,000 ounces of gold.

Plateau is within the company’s Lighthouse tenement area about 50km south-east of Charters Towers.

The company said the overall gold envelope at Plateau held an indicated and inferred mineral resource of 11.4 million tonnes at 0.6 g/t gold and 4 g/t silver - or 208,278 ounces of gold and 1.5 million ounces of silver (using a cut-off grade of 0.2 g/t gold).

This. . .

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Rockfire Resources says it is receiving encouraging results from a six-hole drill program at its Plateau gold project in North Queensland.

Results from the second drill hole of the series have been received (hole BPL038), returning the largest gold intersection so far at Plateau, with mineralisation over the entire sampled interval of 341.3m at 0.2 g/t gold.

It included intervals of high-grade gold, including 0.7m at 10.8 g/t gold at 341.3m.

Plateau is within the company's Lighthouse tenement area about 50km south-east of Charters Towers.

"The very long intervals. . .

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