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September 20, 2009

Crescent Gold Resumes Mining and Trucking at Laverton Project

Crescent Gold has recommenced mining and trucking operations at its Laverton Gold Project (LGP) in western Australia. The company started its second mining campaign at LGP following a 14-month development phase that included in-pit, near pit and 'line of lode' assessment. Mini

By cms admin

Crescent Gold has recommenced mining and trucking operations at its Laverton Gold Project (LGP) in western Australia.

The company started its second mining campaign at LGP following a 14-month development phase that included in-pit, near pit and ‘line of lode’ assessment.

Mining contractor Mining and Civil Australia and haulage contractor Hampton Mining have been awarded the contracts and mobilised to site.

The initial programme includes the mining of waste and ore from the Sickle Pit and the Euro Pi, where stripping is also being carried out.

On an interim basis, the ore at the two pits will be stockpiled prior to being conveyed to Barrick’s Granny Smith Mill (BGSM).

The ore haulage agreement has started on target with loading and trucking being carried out from existing stockpiles, the new ore stockpiles at Euro and newly mined ore stockpiles at Sickle.

The company signed an ore purchase agreement (OPA) with Barrick Gold Corporation, which was critical in securing future production at the site, Crescent said.

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