Snow Peak’s Mt Garnet starts copper production

10 March 2014 (Last Updated March 10th, 2014 18:30)

Consolidated Tin Mines has announced that Snow Peak Mining-owned Mt Garnet Concentrator has started copper concentrate production at the Surveyor project in Queensland, Australia.

Consolidated Tin Mines has announced that Snow Peak Mining-owned Mt Garnet Concentrator has started copper concentrate production at the Surveyor project in Queensland, Australia.

The company has a 9.85% free carry interest in Snow Peak Mining's Surveyor and manages the project.

Consolidated Tin said that mining activities continue to be ramped-up at the surveyor mine and preparations are underway for mining at Baal Gammon.

It is anticipated that about one million tonnes a year of tin ore would be processed at the Mt Garnet concentrator, to produce about 5,000t a year of tin concentrate.

"One million tonnes a year of tin ore would be processed at the Mt Garnet concentrator.

Consolidated Tin Mines managing director John Banning said the company is delighted with the milestones achieved to date and looks forward to continued success and future profit for both Snow Peak Mining and Consolidated Tin.

"The recommencement of operations is of great significance, not only for the companies from a revenue perspective, but it has brought a sense of regeneration to the Mt Garnet region as a whole," Banning said.

The company continues to make good progress on its definitive feasibility study for the Gillian Deposit, and also progress of its memorandum of understanding with Snow Peak Mining.

Consolidated Tin's strategy is to develop and establish tin production by the end of the year, with completion of the favourable pre-feasibility study.

The company's strategy also includes focusing on increasing the mine life and production profile by developing other tin production opportunities within the broader Mt Garnet Tin project area.

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