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12 ST GEORGES TERRACE PERTH WA , 6000
P: 089 2255 F: 08 9225 5533
info@kalnorthgoldmines.com
www.kalnorthgoldmines.com

LINDSAY

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About:

The Lindsay open cut gold mine is located in the rich Western Australian Eastern Goldfields, 65 kilometres north north east of Kalgoorlie. It is one gold mining project among three others; Mount Jewell, Kalpini and Kurnalp, that together, make up the KalNorth Gold Field. The Lindsay mine was the first of the four KalNorth projects to become productive.

Lindsay Mine Began Production in January and ceased in September 2013

Mining commenced at the Lindsay mine's Parrot Feathers open cut in early 2013. This was a small open cut operation that was expected to last only 18 months, during which time it was to produce 440,000 tonnes of ore that was expected to deliver around 40,000 ounces of gold. However, things didn't go to plan and the deteriorating gold price that occurred in early 2013 finally led to the ceasation of all mining activity later in the year at the Lindsay operation, with the mine being placed on care and maintenance.

Lindsay Mine to Re-start When Gold Prices Improve

The Lindsay mine owner, KalNorth Mines, stands ready to re-commence production again as soon as the world gold price improves and stabilises. It is also building on the remaining resource and reserve through future underground mining being undertaken at the Lindsay mine.

Lindsay Gold Field Comprises Three Structures

The Lindsay gold field consists of three structures trending in a north westerly direction. These structures are known as the Eastern, Central and Western Structures. They all extend deep leading to an intrusive feature located to the west. The Parrot Feathers open pit that was in production in 2013 is the largest of six pits that make up the Lindsay mining operation. It is part of the Eastern Structure. The Parrot Feathers pit targeted high grade gold occurring at depths of less than 80 metres. It also has the potential to be an underground operation in the future.

Lindsay Gold Bearing Vein Extends to 400 Metres Below the Surface

Although the Lindsay open pit mine ceased production in the September 2013 quarter, the infrastructure remains intact and on a care and maintenance standing. It is available for early recommencement as an underground gold mine. The Parrot Feathers quartz vein containing the gold is exposed at the bottom of the pit and the north face of the Stage 2 pit. The vein varies in thickness from 2.5 metres down to half a metre as it dips to the south west. Exploratory drilling indicates the down dip continues to a depth of 400 metres below the surface.

Mining of the narrow, flat and dipping quartz vein creates a challenge to the miners with the company looking at using more innovative techniques. It has recently held talks with interested mining contractors to assess the potential to mine the narrow vein beneath Stage 2.

KalNorth Gold Mines Limited is a gold mining company based in Perth. It has a substantial portfolio of fully owned tenements located between 50 and 80 kilometres north east of Kalgoorlie covering an area of approximately 1,200 square kilometres. The company is working towards establishing four operating gold mines at the KalNorth Gold Field. All are to be initially worked as open pits, however, each also has the potential to become underground mining operations. The Lindsay gold mine was the first KalNorth project to become productive although it only lasted for seven months . The company is currently evaluating the development of the deposits as underground operations.


KalNorth

KalNorth Gold Mines Limited (KGM) is a gold exploration company with tenement holdings covering more than 1,200km2 in a regional arc approximately 50-80km north-east of Kalgoorlie.Collectively known as the KalNorth Gold Field, the tenement holdings comprise four 100% owned, adjoining projects –...........read more

ADDRESS

KalNorth
12 St Georges Terrace
Perth, WA 6000

GPO Box 2567
Perth, WA 6001

OTHER INFO

Phone089225554
fax0892255533

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LINDSAY

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