Wednesday, 14th May 2008 (470 views)

The first gold from ore mined at the Frog's Leg mine in Australia has been successfully poured at the site, the company developing the project has confirmed.

La Mancha Resources said the start of production comes two months ahead of schedule.

The company decided to move Frog's Leg into production in August 2007 and has been developing the site since.

According to the company's forecasts, the mine will produce an average of around 83,000 ounces of gold a year from underground operations for a period of seven years.

Its reserves currently stand at 3.65 million tonnes with an average grade of 5.29 g/t gold, although this does not include additional mineralisation logged in March 2008, which added 267,000 ounces of gold to its measured and indicated resources, and a further 990,000 ounces of gold to indicated resources.

Frog's Leg is located around 25 kilometres west of Kalgoorlie in Western Australia. It forms the southern portion of the six million-ounce Kundana gold field.

La Mancha's other projects include the White Foil property in Australia, the Hassai gold mine in Sudan and the Ity gold mine in the Ivory Coast.

 

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