The Griffiths Hills Copper Zone was initially identified in August 2010 by Kagara Ltd’s subsidiary, Mungana Goldmines Ltd during its gold exploration drilling program. Kagara Ltd assumed the beneficial rights to this base metal mineralisation in March 2011 under the Gold Rights Agreement that exists between the two companies.
The Griffiths Hill Copper Zone lies beneath the eastern end of the Red Dome open pit and is located towards the eastern end of the 6km long Red Dome Mine Corridor, approximately 160km to the north-west of Kagara Ltd’s operating zinc and copper treatment facilities at Mt Garnet and close to the partially completed treatment facilities at Mungana.
Griffiths Hill has a maiden Inferred Resource of 1.05 million tonnes at 3.06% copper, 0.66 % zinc, 64g/t silver, 0.62g/t gold (32,000 tonnes contained copper). The resource is expected to increase with further drilling and excludes a number of significant recent high-grade zinc intersections, including:
Drilling to the east to establish the extent of this zinc rich base metal mineralisation is continuing to assess the full potential of the Griffiths Hill mineralisation. An initial resource will be calculated once this first phase of the drilling program is completed.
