EXPLORATION & DEVELOPMENT

Saracen push pays off

SARACEN Mineral Holdings managing director Raleigh Finlayson says more than A$30 million of drilling in FY17 has paid off, leading to a 40% jump in reserves and confirming the underground potential at Thunderbox.

Kristie Batten
Saracen push pays off

Saracen’s group ore reserves increased by 40% to 2.1 million ounces at 2 grams per tonne gold, even after depletion of 293,000 ounces. Reserves at the Karari underground at Carosue Dam nearly doubled...

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