MANAGEMENT

Gold Road dewatering complete

Para Resources is ready for next steps in Arizona, US

Staff reporter

This article is 6 years old. Images might not display.

Officials said complete dewatering of the 88%-owned mine in the Oatman District has permitted ongoing rehabilitation work at the mine’s lowest levels.

Para has so far rehabbed 11,000ft/3,352m of the decline ramp, providing access for rubber-tired vehicles, and initial ventilation systems have been established.

Additionally, the company has re-energised Gold Road’s electrical system, and a compressed air system has been installed.

With the work now complete and all areas of the mine accessible, Para officials said sampling and assaying can now be performed for the mine’s NI 43-101 preliminary environmental assessment (PEA) set to begin next month.

“With mine access re-established, we can finalise our resampling programme to update historical resources, the mine plan and production restart,” president Ian Harris said; he previously confirmed RPM Global as a consulting engineer to produce the PEA.

SRK Consulting already appraised the value of the assets at between C$22 million (US$17 million) and C$23.2 million.

Para, based in Vancouver, Canada, also owns 80% of the El Limon project in Colombia. Last year it increased the mill’s capacity there to 100t per day and placed infrastructure for later production of 200t/d.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets