VIEW Resources has announced that it will commission a feasibility study into its Bronzewing gold mine in the north eastern Goldfields, after it announced in early March that it was deferring the project due to higher costs.
That feasibility study will aim to optimise mine design and operations, the Perth-based company said.
View revealed to the market, that after an independent review of underground mining potential at the Cockburn gold deposit at Bronzewing, the company has identified an underground resource of 418,000 ounces.
Commenting on the decision, View’s managing director, Derek Lenartowicz said:
“It is important to note that the cost of open cut mining has primarily increased due to an explosion in activity in large iron ore and coal mines, the same factors have has a less significant impact on the mining cost of underground deposits.”
View acquired the Bronzewing project from Newmont Australia in June last year.
The company also operates the Carnilya Hill and Zone 29 nickel operations, located in the Kambalda nickel province.
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