GMA Extends Life of Australian Mine Beyond 25 Years
Wednesday, January 25, 2017
Exploration work by sister group GMA Garnet has underpinned resource estimates and provides confidence in a mine life of at least 25 years.
According to GMA Resource Manager Tom Southwell, a wide-spaced drill hole programme commenced in 2013 was aimed at proving up the broader geology of GMA’s Australian mine.
“The initial results were supported by a series of closer-spaced drilling campaigns undertaken through 2014 to 2015. Currently, evaluation work is being conducted till end of this year to determine a suitable area to commence operations in this area of the mining tenements,” he said.
“Having another deposit enhances our ability to continue to consistently produce the best quality garnet. This maintains the high and consistent standards of our production output over the longer term. It also ensures that a continuous supply of high quality GMA Garnet is available for the long term in the global abrasive market. Our customers can be confident when planning future projects that GMA will continue to consistently supply reliable and high quality garnet.”
To support the exploration work, GMA has made a significant investment in laboratory equipment and increased staffing levels. This investment improves assay turnaround times and enables a larger volume of exploration samples to be processed per year. The sister group also aims to grow beyond its current production levels and expand its overall global production by developing new resources in territories such as South Africa and Montana, USA.
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