SRK was commissioned by MMY to prepare an Independent Technical Report (CNI43-101) with associated update of the Mineral Resources.
The Burnakura property consists of several deposits, all with pre-existing open pit mining being carried out. In the north area of the Alliance 2 deposit, underground mining has also been carried out.
SRK has completed updates of the Mineral Resource Estimates suitable for input into Preliminary Economic Analysis studies. The basis of the Mineral Resource Estimates were updated geological interpretations and review of all available data for the Project over its 20-year history.
The update of the Mineral Resources Estimates will also allow for refined targeting of proposed drilling programs to extend and infill the mineralisation to achieve a higher-confidence, enlarged Mineral Resource in the future.
The review of the available metallurgical data and its relationship with the mineralisation will allow better targeting of resources to define a refined data collection outcome.
