EXPLORATION & DEVELOPMENT

Impact moves ahead with Blackridge trial mining

IMPACT Minerals is preparing to start a possible three-year trial mining operation of its Blackridge conglomerate-hosted gold deposit in Queensland, with its partner to cover all costs in return for paying Impact a grade-based royalty.

 Wet processing offered good recoveries, but uses a lot of water.

Wet processing offered good recoveries, but uses a lot of water.

Impact managing director Dr Mike Jones said the best way to determine grade in coarse gold deposits was to simply start mining.   "This is inherently very high risk and so this agreement gives Impact...

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