Beadell restarts Duckhead deposit mining in Brazil

9 April 2014 (Last Updated April 9th, 2014 18:30)

Australia-based Beadell Resources has re-started Duckhead deposit mining activities at its Tucano gold mine in Brazil.

Duckhead

Australia-based Beadell Resources has re-started mining at its Duckhead deposit Tucano gold mine in Brazil.

The temporary suspension on operations at Duckhead has been lifted and mining activities re-started immediately.

Step out exploration drilling of the Duckhead high-grade main lode is currently underway.

Earlier this year the company unveiled a new mine plan at Tucano, which was intended to increase gold production.

The new mine plan and production profile accounts for seasonal conditions by increasing production from the main Tucano pits of Tap AB, Tap C and Urucum in the first half during the wet season from January to June.

Beadell noted that mining at the oxide Duckhead pit has been reduced in the wet season because it does not have adequately sheeted haul roads and waste dumps.

The company plans to use smaller all-weather articulated trucks until June, and from July to October the focus of mining will shift back to the high-grade Duckhead pit, which will be completed during that period.

"Mining at the oxide Duckhead pit has been reduced in the wet season because it does not have adequately sheeted haul roads and waste dumps."

The project's production guidance for the year remains unchanged at between 200,000oz and 220,000oz of gold, at a cash cost of between $535 and $585 per ounce.

Located in Amapá state in northern Brazil, the Tucano gold mine covers about 2,500km² of mostly contiguous exploration licences and a mining concession.

In October 2012, Beadell confirmed the existence of high-grade oxide gold mineralisation at the Duckhead prospect, located 9km south-east of the company's CIL gold plant at Tucano.


Image: Mining concession plan showing location of Duckhead. Photo: courtesy of Beadell Resources.

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